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Technology Stocks : Enterprise Informatics
EINF 0.5100.0%Sep 29 5:00 PM EST

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To: Greg h2o who wrote (9059)4/15/2003 12:10:30 PM
From: Steven V  Read Replies (1) of 13797
 
In short, gut feel, declining volume, declining vix, focus away from war and back what makes sense, S&P charts nearing top range of trading channel for last 2 or 3 years.

In the context of our current bear market, had one gone short every single time the VIX dropped down to 26, or popped up through 26 from below you would have made money. Why is this time any different? Over confidence oozes from the masses.

I think soon we will have a disconnect between the economy and the markets with the economy perhaps looking like it is in better shape, while the markets continue thrashing or grinding lower. The S&P going to 925 wouldn't violate the current bear and it could happen yet. But it is time to start playing the other side for the eventual slide back to historical valutations. The recent attention given to divend stocks has me thinking... sheesh, a 1.5% dividend? That really isn't much.

This is all my opinion only and obviously not shared by the majority of those invested in the market.
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