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Strategies & Market Trends : Rande Is . . . HOME

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To: Mike M who wrote (47979)	2/24/2001 9:06:16 PM
From: American Spirit	Read Replies (3) of 57584

If I am any indicator, I capitulated on Friday. I sunk into hopelessness and dumped my SUNW for 21. At least I got the top of the day but that was a capitulation. I never thought I'd sell it below 25. I also sold SCNT at 2 3/4 though I think it could double by fall. Looking for capitulation, look at me and thousands of other former tech bulls. I took losses on both and decided to avoid the market from now on. Of course I still have many stocks so I hope to God we rally hard now into March. We could go up 25% and still not be overvalued, that is assuming there's a recovery by the end of the year or sooner.

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