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Strategies & Market Trends : The New Economy and its Winners

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To: Wizard who wrote (702)	6/2/2000 1:09:00 PM
From: Robert Rose	Read Replies (2) of 57684

<While its true that valuations are not cheap and the fear that some investors of blowing up could take us lower - never underestimate the greed factor. Greed is just as strong an emotion as fear and at some point in the next 12-18 months, we are going to get a huge rally based on short-covering and investors piling in and not wanting to miss out...> I suspect we may be into that huge rally now. Too many noninflation-friendly signals juxtaposed with an oversold market. Valuation issues will come into play when csco hits 80 (in August imo). Yea, greed is the prince now, fear is the pauper.

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