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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Venkie who wrote (5088)10/2/2000 9:16:46 PM
From: Boplicity  Read Replies (5) of 65232
 
Dell 24. INTC 35, JDSU 70's SSTI low 20's, EXTR 85 NTAP 110ish, Naz 2800 SEBL low 90's like I said. The Naz is not going anywhere but up down till the DOW falls apart, that or the NAZ sells down past the spring lows. I'm not kidding about the above. Ask yourself the following. What will turn it around? 1) Price Yes, not these levels 2) Fed Lowers, Not going to happen unless the world economy is in dire straights. 3) Dow crash, waiting waiting waiting...4) some new catalyst like the PC was, the TV before it, Like the Net was. BROADBAND for the masses, Yes it's just going to take a lot longer then anyone accepts. Maybe if CSCO blows out it's earning will stop the selling. I say we slide into earnings. With some stocks acting ok. With the bulk of the favorites moving slightly higher taking a break to the selling unless we really sell down before the meat of the earning season begins, then resuming their march to the cellar.

Tis the season to be spooky.

Greg
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