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Strategies & Market Trends : Rande Is . . . HOME

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To: James C. Mc Gowan who wrote (54580)	8/23/2001 6:34:38 PM
From: DlphcOracl	Read Replies (1) of 57584

James: You are not too cynical -- you are dead on. I will go one step further -- I'm willing to bet that when all of the traders return from vacation after Labor Day weekend, they come out with analysts "upgrades" and the "train is leaving the station" nonsense to goose the NASDAQ even higher (ideally over 2000). Then, when the earnings warnings and actual earnings come out, the NASDAQ will have even further to travel as it collapses down to the 1400-1650 range. At that point, they will buy back the shares they unloaded at NASDAQ 2000 at bargain prices.

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