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Strategies & Market Trends : Rande Is . . . HOME

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To: Mark Konrad who wrote (51239)	5/3/2001 11:45:09 AM
From: Joe Smith	Read Replies (1) of 57584

All in good fun. Your guidance was so valuable last year. I know that you are not around because you are so busy. Looks like bad news is actually affecting the market. I guess we are priced for perfection again and sensitive once again to bad news. Does not look good to me for the short term. Still a little concerned about the fallout from this bubble-pop. Just cannot believe that all of this will just end in a V. Also dubious of a bull market between April and October. I do think that there is a good chance that we will become range bound between 1800 and 2500 and I think that that would be a really great thing. A run to 3000 right now without some kid of great news from corporate America would be unhealthy IMHO. Unless we hear about light at the end of the tunnel,which is possible, we will be testing lows again within a couple of months and April will be a carbon copy of January. If you are feeling good about where you have gotten, I would think about moving some of that money to the side.

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