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Strategies & Market Trends : The New Economy and its Winners

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To: fedhead who wrote (11242)	4/30/2002 3:59:46 PM
From: 16yearcycle	Read Replies (1) of 57684

Hi Anindo, Hope you are well. I was just using them as a list of relatively low pe stocks. Pretty poor rally. Had 4 chances at 10k and failed and didn't hold either 1080 on the sp, or 1690-1696 on the nas. Probably will need to gap up to break thru those. I also agree that we may at best be getting to 1720-1770, and then falling back to new "recovery" lows. It sucks. In my mind, I can strongly feel that we should be starting higher after this retest which should be over, but we are entering a typically weak period. In any case, I feel the best I have in almost two years. There just isn't much more reason for this bs to continue. If I had to pick a low, I'd say we rally for two years after a low in early June, or early fall. As you know, I am a bull by nature, so always adjust my guesses downwards. Back to lurking

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