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Strategies & Market Trends : A Simple List of General Do's & Dont's of Trading:

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To: Arthur Tang who wrote (726)10/28/2000 9:34:55 AM
From: Arthur Tang  Read Replies (1) of 769
 
Dow is the fall back investment candidate when things got rough. So it shall be; when the largest and the best run companies belong in the DOW index.

Investors are puzzled about Nasdaq. The questions to dispel the doubts, are obvious. Fundamentally, the earnings reports will firm up the valuation. Technically, daytrader/market makers are taking advantage of tax loss selling. Until they are oversold, and no more selling is in sight; will they be comfortable enough to make some nice moves. However, the shock value maybe already gone. Most investors are numb to any more fears.

So, we are looking forward to some moves on the innocent pull backs(sympathetic sectorial pull backs) or severely punished stocks on mild disappointment(INTC with $2.9 billion earnings).

Sometimes, investment can be so simply and profitable, when you only invest in the number one or two companies in any industry, if you are at the right time at the right place such as the present.
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