C-Cube Message Board - Msg: 6595187

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Technology Stocks : C-Cube

CUBE 36.28

0.0%

3:59 PM EST

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To: stak who wrote (37477)	11/28/1998 4:18:00 PM
From: Stoctrash	Read Replies (1) of 50808

(OT) Stak, ask Rare, I'm sure he must have some comment on the market. AS for my forecast....well as you can see the market is wacko right now for anything associated with the InterNUT. You've got the NDX just going like a buzz saw and the the other large cap indexes at or near all time highs, yet things like the RUT (Russlle 2000) are still well off their highs...~18% in fact. Also look at the IBD Mutual Fund index....that is also telling. It is still 10%+ below its July high, so with that said, I think some sort of trading range will develop once the merger and net frenzie subsides and that could be tomorrow or in 2 months at 2000 on the NDX. My suggestion is to go with the flow. The Fed has flooded the system with $$$$$ and there's no telling where it will slow down. I faught the Fed earlier and lost, finally got long....then sold and got short early last week, only to get whipped long again by weeks end. If you'd have told me 2 months ago we'd be where we are now ....well I'd have call you a horses ass!!!<ggg> Toss in some foreign problems like Japan and this ship could turn around or blast ahead if they are resolved... I'm just not gunna guess though, as I'm gunna let the prices and the Fed tell me where I should be betting. Fundmentals??...who needs fundamentals...go with the flow. biz.yahoo.com

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