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To: xcr600 who wrote (17890)1/4/2000 7:42:00 PM
From: Trumptown  Read Replies (2) | Respond to of 57584
 
The market really needed to let off some steam, it was getting out of control. For this month, I still believe those that sold off before the end of December will do the best.

High flyer profit taking for a few days (...will seem like an eternity)

NPNT - may be the reason this one won't get moving
biz.yahoo.com

Sell on good news, buy on bad news?

SR



To: xcr600 who wrote (17890)1/4/2000 10:16:00 PM
From: American Spirit  Respond to of 57584
 
Shouldn't be any large gap down tomorrow. Probably muted and mixed response. Too many buyers coming in now that stocks are 4-10% lower. Should be a mixed session. Though I admit another 5% down is possible. But coming up soon is a lot of bullish news (Xmas numbers, earnings, etc.). And now with a Fed hike more than priced in profit-taking is the only rationale left for any more sell-off. The beginning of the year is typically a great time to own stocks and don't think people don't remember that. I predict we'll be rallying again in the next 1-2 days. And by this time next week today's drop will probably be all but forgotten. Profit-taking will be over. And those who want out will have gotten out.