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Strategies & Market Trends : Making Money is Main Objective

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To: Softechie who wrote (1979)	3/5/2002 3:54:46 AM
From: LTK007	Read Replies (2) of 2155

from Fleck's bit,this is the same thing thay got me by surprise.<<Play Now, Pay Later I don't think there is much to point out about today's action. Suffice to say, there was an unslakable thirst for volatile stocks, and as was the case Friday, stocks where shorts may have been operating were up the most violently. The only real question is how long this party will continue. I don't find it terribly surprising that we are witness to an economic-fantasy reality, though I was caught a little off-guard as to when it erupted. In December, I had thought that there would be a point in time this spring when people would get two pieces of data that they would string together and decide that everything was wonderful. And this appears to be the moment. But, I don't believe that things are wonderful, and I don't think they're going to get wonderful. I think that when this rally ends, whether it's two days from now or two weeks from now, the mood will really turn sour. Butfor the moment, people just want to believe.

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