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Strategies & Market Trends : Rande Is . . . HOME

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To: Softechie who wrote (44093)	12/26/2000 2:57:24 PM
From: Petrol	Read Replies (2) of 57584

Softechie, Your thoughts are very relevant to this market. In no time throughout history have super-bubbles EVER had a soft landing - typically they collapse just as strongly and even more severe than was the runup. Even the Nikkei didn't have pe's like the tech sector has and I doubt there will be anything resembling a bottom until no one thinks we've hit bottom. The market keeps sputtering. Many keep repeating how the internet will continue to change the world; but as we know, American's are a greedy lot and often don't like to accept reality until it slaps them hard. Considering the recent drop in the nasdaq, I'm going for the longer-term shorts. I'll just short and hold overvalued hyped issues. This every day constant tick-watching gets ridiculous when most stocks make their biggest moves in short time periods. I'm still surprised at how many people still believe analists and cnbc - like those folks would ever give out free and reliable stock tips... We're better off listening to ourselves and continuing to educate ourselves. Currently on my short list: webm brcd ntiq rimm pgr beas scmr vrts cien. Not a pe under 250 in the bunch. Continue posting your short ideas - excellent work. Stickupman

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