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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: donald sew who wrote (21510)10/12/2001 8:19:10 AM
From: Justa Werkenstiff  Read Replies (1) of 52237
 
Don: Re: "In light of the major indicies returning to/near the pre SEPT 11 levels, my question now is - how are the fundamentals doing. Are the fundamentals now supporting the possibility of a new bull market or is the market just returning to/establishing some sort of a trading range, maybe a new/lower trading range(in such case the market may be nearing the top of that range)?"

We may have a short term bounce in fundamentals because of the downfall in economic activity due to the disaster. Some people might view that as a new bull market. I think such a bounce will be short lived in the current environment. But the international situation makes that a hard call. Already, we have the "bottom" calls coming out. I expect we will hear many more of them over the short term.
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