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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (44254)	12/28/2000 10:59:44 AM
From: bobkansas	Read Replies (1) of 57584

Hi Rande! Best holiday wishes to you and your wonderful family. As to your post...I understand your thoughts on shorts having to cover and therefore such helps to push the market up. What I do not understand is why you think money will rush into the market from the sidelines next month. What reason or reasons would there be for new money to pour into the market? Doesn't the market ALREADY HAVE expected rate cuts by the Fed built into existing share prices? Isn't high valuations among some tech companies still a problem? Also, with fears of a recession in people's mind...who is going to want to jump into the market NOW? Your thoughts would be greatly appreciated. Best regards, Bob

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