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Strategies & Market Trends : Rande Is . . . HOME

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To: Jazz102 who wrote (43534)	12/15/2000 2:13:49 AM
From: American Spirit	Read Replies (1) of 57584

The market is 15-50% oversold. The less popular the stock the more it has been oversold. My scenario is that Greenspan and Bush both pump the market next week. The hangover of nausea from the election finally subsides. The last few days of the Xmas season are hot. The markete realizes it has what it wants (lower interest rates, gridlock in Washington and no inflation) and the market gradually gets over it's flu and starts feeling really healthy in about 3-4 weeks. But gradually up from here. I get the feeling that today was the bottom. There is so much cash on the sidelines as soon as a few big buyers start the rest will follow. So far they just haven't started. Everyone chilled and too cautious. But these prices are phenomenal. So many stocks selling way below fair value.

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