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Strategies & Market Trends : Rande Is . . . HOME

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To: DlphcOracl who wrote (47109)2/9/2001 10:07:32 PM
From: somple1  Read Replies (1) of 57584
 
DlphcOracl,
Thanks for your detailed analysis. Am pretty convinced the growth stocks are facing an uphill battle. Job cuts, higher inventories, higher receivables...all indicate either no growth or slow growth. Hence the P/E has to be reduced. Liquidated more holdings today even though the market may be a bit oversold judging by the Stochastics. The market has experienced a sharp decline since the 2nd rate cut. Even though I don't like to predict the market, I would agree with you that a U shape bottom is more likely than a V-shape bottom.
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