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To: Steve Misic who wrote (7435)6/13/1999 3:21:00 AM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
Short term I think we are on hold until the Fed meeting June 29 - 30. Regardless what happens there I would expect a relief rally as earnings season begins.

Then everyone is used to October plunges, and the Y2K nuts will be out in force. Once that passes we could catch another nice year-end rally, especially in Internuts since E-commerce will explode again this year.

All of the above is strictly guesswork with at least a 50% chance of being total crap. Trade accordingly.

If you have cash and want to buy good companies, check their chart and find a good low point. Put in your GTC order and ride out the volatility from there if your order fills.