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Pastimes : Home on the range where the buffalo roam
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To: D.B. Cooper who wrote (9244)1/25/2001 11:09:14 AM
From: Walter Xie  Read Replies (1) of 13572
 
You know Greg told us that dips should be bought. I'm just blindly following him. :) I guess Greenspan cannot afford not to make a positive spin. The 0.5 cut early this month shows he must realize something really wrong. We may go lower near term, but I think the market has the desire to go further up until NAZ reach above 3000 as you said. Then I have no idea what will happen. Both bearish and bullish analysts have valid arguments to support their views. We may see a lot of volatility. Make quick trades based upon daily sentimental swing is what I'm trying to do and so far so good. To do that one has to be nimble and have a good instinct. I'm trying my best to have both. That's said, I parked most of my funds on blue chip stocks (MRK, IP, ENE, MO) or cash for now, waiting NAZ to test 2500~2600.
W
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