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Pastimes : ASK Vendit Off Topic Questions

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To: mishedlo who wrote (17769)	1/3/2001 7:52:52 PM
From: Vendit™	Read Replies (3) of 19374

Todays candle is engulfing and is considered extremely short term bullish. The $COMPX established a new support level today at about the 2480 level. Any intra-day move below that level would point to a collapse of this bull move. The upper trend line sits at 2775 and is the next target. I think that Greenspan's 1/2 percent rate cut is the first of several near term future cuts which when coupled with the passing of a federal income tax cut in the next several months should send this nasdaq to test old all time highs. askresearch.com I am still focusing on low PE quality tech stocks because I see a lot of safety in them even in a major market sell-off like we have seen the past few months and they should be among the most rewarding longer term as well as trading predictability. Value is value. All JMHO

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