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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Dave Gore who wrote (119048)12/14/2000 1:49:11 PM
From: Dave Gore  Read Replies (2) of 120523
 
BTW - I do not expect a major ongoing rally because any cut will not help the economy for as long as 9-12 months. If we get a rally based on the 19th announcement, it would be a "psychological rally" more than anything else. It would be an "excuse" for the market to rally. That's all.

I hope we get a 10% up move or maybe even 20% by the end of January (and 5-10% by year end) but more than that seems hard to imagine. Knowing the markets ability to go to extremes quickly however, and with so much cash on the sidelines, who knows?
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