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Pastimes : Home on the range where the buffalo roam
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To: Sig who wrote (3844)8/17/2000 8:47:55 PM
From: Boplicity  Read Replies (2) of 13572
 
re: A

Sure has bottom, I don't follow the story so I can't comment on that. Any stock of worth has bottomed. I just feels weird to be heading in a seasonal weak period as strong as we seem to be. I would say that's due to the FED nearing or is at the end of the current tightening cycle, and the fact we already have had our drop. Sitting around thinking the market will sell off just because it has so many times in the past is to be blinded by conviction. So, I have base of stocks that I like and understand. I'm going to start adding on any dips and weeding out the dead wood. I might even buy EBAY, ITWO, and GMST Friday and gasp go back on margin in the coming weeks.

One more thing about the health of the market. The market suggesfully has sorted out the PC, cell, and retail slow down, and the over valuation of the CSCO's of the market. What will be the next road block? Fear of an earning slow down and a slowing of the build out of the net and the promise of broadband wireless and wireland. The later I just can't see happeing. As for the first one, earning slow down, sure there will be pockets, but if an investors can see far enough ahead, they should be able to navigate through what is going to happen.

Greg--Market "The Best Game In Town.
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