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Strategies & Market Trends : Rande Is . . . HOME

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To: GREENLAW4-7 who wrote (45964)1/21/2001 1:20:07 PM
From: American Spirit  Read Replies (1) of 57584
 
Don't forget we have a tax-cut coming up. This combined with lower interest rates will increase the money supply quite a bit, and with almost zero inflation - look for companies and people to start buying more gadgets and services again. Greenlaw no one expects this market to go up very much. This is IMHO just a correctional bounce off the panic-mode sell-off in December which climaxed Jan 3. IMO the Jan 3 sell-off was the real manipulation, when stocks were taken down way below book value and cash on hand. As for pumping and dumping, that should be muted. Yes if MSFT gets back to $65 probably a good idea to take profits and buy back at $55 maybe but I don't think we're going too fdar down or up. Meanwhile there is some nice upside left, at last in my stocks (knock on wood)
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