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Pastimes : Home on the range where the buffalo roam

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To: Boplicity who wrote (11403)	3/9/2001 6:58:38 PM
From: Sam Sara	Read Replies (2) of 13572

<1000 is ridiculous. Why not 500? geez> So was 5000 to 2000. There are many lies that were foisted on the public, coming to be revealed. I am willing to bet that there are a few more revelations to come. Any non-trader should be acting on the assumption that Naz will hit 1500. If I am wrong, and this is the bottom, so what, does anyone seriously think that we will rocket up from here and never look back? I think we could rally at any time on the Naz technically. That is part of reason why I am not shorting tech. Problem is this unrelenting stream of bad news. Fundamentals always override technicals, if they are strong enough. That said, we should bounce at Naz 1850-1950. Nothing goes straight down. What makes me really uneasy is broad market. If that tanks next week, psychology could be so strong that mutual funds may not be able to hold that level. I consider it a low probability event, but would not discount it. More likely, we bounce soon, and then guessing game starts as to retrace level.

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