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Technology Stocks : Compaq
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To: Captain Jack who wrote (89361)1/30/2001 7:02:40 PM
From: Night Writer  Read Replies (1) of 97611
 
Soros may be right. The NAZ said recession last March when it turned south and continued down during 2000. That was nine months ago. (Weekly COMPX chart) This January the market seems to be saying recovery while it climbs a wall of worry. The DOW said recession right after New Year's day, but it is not as pronounced as the NAZ because of it's mix of companies. If it still contained pure industrial companies, it would not be doing so well. This certainly isn't a market you can make easy money in, but it does appear to be projecting an economic recovery. Let's hope it is correct. The alternative is moving sideways before continuing down.
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