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Strategies & Market Trends : Rande Is . . . HOME

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To: DlphcOracl who wrote (45495)	1/13/2001 11:27:46 AM
From: john722	Read Replies (1) of 57584

DO One step Further with Chips Dan Niles of Lehman Brothers also echoed Jonathan Joseph's sentiment in regards to the chips. If they are correct, we are seeing a bear rally. If they are trying to keep investors at bay so they can accumulate, then that is collusion (which I just doubt at this juncture in time). Be that as it may, keep your guards up at all times. I think we are in for a pullback next week in the Nasdaq, and then a rally through resistance suckering in some more money. I sincerely hope I am wrong. I would rather see the market go higher, but I doubt the street wants to cause any irrational exuberance before our economy is back on track (even NBC is laying off workers.........). Have a nice weekend...... John

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