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Non-Tech : Invest / LTD
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To: waverider who wrote (4219)10/14/1998 6:15:00 PM
From: The Ox  Read Replies (1) of 14427
 
DH,
My theory is that for a little while, the street will go back to the "growth" plays and will focus more on the tech earnings. Less attention will be paid to hedges and market worries. The headlines will go back to those similar during the bull run, earnings, forward statements, etc. This provides an opportunity to make money going long, shorting the run ups, and short term trading.

The problems in the background haven't gone away. They just aren't being focused on for the next week or 2. After the slew of earnings are done and the market gets a chance to view the most of Q3 in the mirror, there will be another batch of cynicism and worry.

JMO,
Michael
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