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Strategies & Market Trends : Angels of Alchemy

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To: SirRealist who wrote (23185)	12/11/2000 4:33:20 PM
From: CrayUSA	of 24256

Kevin, I am still long a bunch of stocks. But poised to short. I think the opportunity will be brief and based on Interest rate/earning fears. I would like to see a clear reversal back down first. We definately have been in an upward trend. I think it is because of the election coming to fruition, added with positive interest rate news. We have the FOMC meeting the 19th. 2 good events to play off. However, I would be cautious shorting just yet...I agree that we have come back too much too fast, but we may have a lot farther up to go. I think we already hit bottom or close to it and 2001 will be a good year for Tech stocks in general. It all depends on interest rate policy really. Cray

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