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Technology Stocks : JDS Uniphase (JDSU)
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To: Tunica Albuginea who wrote (16922)1/24/2001 8:56:11 AM
From: t2  Read Replies (2) of 24042
 
The international money that bailed out of the US market, fearing a bad recession. Could they be having second thoughts?

I had always believed it was the Asian/European money that left the markets and that accelerated the decline.

Now, we may be seeing the reverse taking place. As the talk of a recession is disipating and rate cuts are seen to be less than people had expected......to me that means HUGE money inflows from sources outside of the US. Just take a glance at the EURO and Yen moves that took place lately.

That is another reason I believe we will see a huge close, after some initial tug of war in the markets.
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