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Strategies & Market Trends : Sharck Soup
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To: Ron Dior who wrote (18325)4/25/2001 12:49:00 AM
From: American Spirit  Read Replies (2) of 37746
 
This rally is different. We've already had the major pop but now instead of going back down there will be only 1-2 days of profit-taking and minor shorting then back up again. Partly because of the Fed Cut on May 15th. But some high-fliers of the past might get left behind.

Right now I like VZ, SBC, LU, WCOM, FON, SCNT, PALM, NOVL, LOR and UIS not just because I own them. They were picked for a reason and I'd buy more of every one of them now if I could afford to. Outstanding values all.

IMHO they're all being greatly undervalued in one way or another and will all be a part of the next leg up into May while a CSCO might get left behind. Others I like are ERICY, YHOO (takeover bait)and EMC (on a dip) though I don't own them now. Sold my EMC at 40 a little too soon.

It might be a little late to get into oils/energy but they are very good stocks to own now. Certainly great holds.
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