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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who started this subject	1/24/2001 10:34:09 PM
From: Mike Buckley	Read Replies (8) of 54805

I've had two conversations in as many days in which I've expressed surprise that there doesn't seem to be more enthusiasm for tech stocks in the thread. The basis of my thinking that there would normally have been more enthusiasm is that the Naz has increased 16% since the beginning of the year, a three-week period. Since a lot of people seemed to have been focused on the arbitrary date of the first day of Y2K when the Naz was tanking, it seemed logical to me that those same people would have focused on the vast improvement since the beginning of this year. But I see little enthusiasm. I'd like to believe that the reason for the lack of enthusiasm is that people are taking a longer view of things, that for the same reason we shouldn't become despondent when the market tanks over a short term we also shouldn't become exstatic when the market dramatically rises over the short term. But I'm realistic (skeptical?) enough to think that that's probably not the reason. Comments anyone? --Mike Buckley

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