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Strategies & Market Trends : Rande Is . . . HOME

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To: Joe Lyddon who wrote (48364)	3/3/2001 3:13:11 PM
From: American Spirit	Read Replies (1) of 57584

Greenspan - just heard an analysis saying Greenie wants to preserve the value of his cuts and not get the market addicted to them. That makes sense. But the analysis also said he will continue cutting gradually until he doesn't need to anymore. I think many tech stocks are so undervalued now that it's almost all upside from here but the rise will be more modest and gradual. Certainly the days of panic selling are about over. And shorting techs down here doesn't make too much sense either. Shorts ought to quit while they are ahead. I wish I had been one of them. If I had been I'd taking my winnings and quit. Too much chance of sharp rebounds now from these puny levels.

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