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Strategies & Market Trends : Rande Is . . . HOME

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To: American Spirit who wrote (47721)	2/21/2001 12:20:41 PM
From: Dennis O'Bell	Read Replies (1) of 57584

<<That SUNW downgrade should have been done 10-20 points ago not all the way down at $22>> Why would they even think of squandering a good downgrade 10-20 points ago when it would have the desired effect of bringing prices even further down from already low levels to maximize profits of their associates who were short? Anyhow the conventional wisdom is that now the FED's hands will be tied due to the high CPI number, so we're in for stagflation. That seems a bit too cut and dried, but what do I know.

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