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Strategies & Market Trends : Rande Is . . . HOME

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To: Mark Konrad who wrote (47396)	2/14/2001 7:28:11 PM
From: DlphcOracl	Read Replies (2) of 57584

Mark K: Tech rally? I wouldn't bet on it. NASDAQ and chip sector rally has no basis on fundamentals or fact. Nearly all chip and chip equipment companies are still giving negative forward guidance. I remember the mid-March to April 15th time span as being particularly unkind to the NASDAQ and think this might be a more opportune time to re- enter the tech sector. I still think the NASDAQ will retest (and break) recent low of 2280. Today's bounce is for the quick and nimble traders, not for simple folk like you and I.

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