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Strategies & Market Trends : Guidance and Visibility

AAPL 271.50

+1.9%

3:59 PM EST

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To: DebtBomb who wrote (17770)	9/22/2001 1:55:57 PM
From: SirRealist	Read Replies (1) of 208838

We'll have to see what Monday brings. IMO, if there was ever a time to play caboose, this is it. It's odd. Even before the attacks, I'd advised close friends that 9/15-10/1 would be frightening on the markets. All year, I've thought this can't be over till the Dow corrects too. The econ report Tuesday (consumer confidence) and window dressing Friday will be very interesting. Fear of the falling market is profound and panic is a possibility, which could dump NASDy down to the 750 area; which I charted long ago as an extreme possibility. I'd remind that another probability exists. Most funds, institutions and wealthy individuals in the world can exist only if the US stock market survives and rebounds. They watch each other like poker players; they know when the pot is right the hands will be displayed. Their 'buy' hands are getting itchy... a little more overcorrection should be all it takes to trigger things back to confidence.

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