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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (133261)2/21/2001 4:24:35 PM
From: 5dave22  Read Replies (1) of 1576816
 
Ted, I think you're nuts to look at the charts right now. Nobody is buying ANYTHING right now, that they don't want to own for any more than a bounce. News is only getting worse about how long corporate spending may not turn up again thru 2001.

The market needs something, anything, to give back some confidence. And for the life of me, I can't think of anything that would do that within the next few months.

I'm going to try to play a bounce in late Feb, early March, then possibly go short. NAZ could EASILY hit 2000 (but I think it will stay between 2100 & 2600). Still lots of margin out there ...

Dave
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