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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (12678)	9/23/1999 6:39:00 PM
From: Joe Smith	Read Replies (1) \| Respond to of 57584

IMHO I can't see a broad earnings rally. Interest rates are going to be taking a bite out of margins as they have been high throughout the Q. I think you will also see a lot of great earnings with unsure conference calls that follow. The CC is always most important. More wash and rinse. Any big drops in market will be tempered as they will allay fears of higher interest rates due to equity inflation bringing some new life. I see wash and rinse with a bearish bias.... October bear started in late September last year BTW. We may see a recovery but I am betting we will see 2500 before 3000. Thought we woud see 3000 in this rally until last week