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Strategies & Market Trends : Guidance and Visibility

AAPL 255.42

+3.0%

Jan 26 3:59 PM EST

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To: keithcray who wrote (33443)	11/25/2001 1:33:38 PM
From: Frederick Langford	Read Replies (2) of 208838

it was unimaginable to most of us on Sept 21st that the Nasdaq would rally almost 600 points over a 5 week period in the midst of a colossal national crisis and an exceptionally dismal earnings season. In that context, I wouldn't venture a guess as to where we're going to be in two weeks from now, and even though a revisit of the earlier lows doesn't seem plausible at this point, I'm keeping an open mind. This market might have another surprise in store for us. Keith, That is probably the most honest and accurate assessment of the past few weeks that I have read. I've watched the best TA fail miserably in calling market direction. Nothing works every time and those who have dogmatically stuck to their guns have had their wallet made thinner. Playing caboose has been the only successful way to have played this market since the Sept 21 lows. Fred

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