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Pastimes : Home on the range where the buffalo roam

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To: Boplicity who wrote (7693)12/19/2000 12:26:08 AM
From: mishedlo  Read Replies (2) of 13572
 
Why not the ZERO thread.
Where all tech stocks will base - Forever.

Greg I am curious, have I brainwashed you? LOL
I do not believe we base here.

The bears looked quite tired to me today.
Could not muster up a retest of 2500.
We have bounced off 2600 twice now.
Perhaps in the AM we retest 2500 (I hope we do, as I will gleefully cover all puts there), but I think we are oversold and ready to rally.

If Greensapn cuts rates I think we may rally some 400 Nas points. If he does not, but changes his bias, I think we may see a "feel good" Christmas rally anyway to about 2850 or so.

Thoughts?

M
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