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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (15825)	1/20/2003 8:38:12 PM
From: fedhead	Read Replies (2) of 57684

We don't know whether the improving fundamentals are the beginning of sustained uptrend or just a blip. We saw these improving fundamentals in Jan 2002 as a result of post 9-11 stimulus only to drop off again. Maybe the market selloff in front of "improving fundamentals" is telegraphing something. I think the bear market bottom is a few years away and will be accompanied by double digit unemployment rates, real estate bust, a couple of big name banks going under and absolute total disinterest in the stock market. I woudn't be surprise if GE pulls the plug on CNBC by then. The OCtober rally might run up to S&P 1000 , NDX 1200 but this rally should be used to exit longs and get short. Anindo

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