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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: moufassa7 who wrote (78193)2/23/2000 3:27:00 PM
From: moufassa7  Respond to of 108040
 
Is correction over for QCOM, CMGI, YHOO? all + $13 today



To: moufassa7 who wrote (78193)2/23/2000 3:28:00 PM
From: Investor Clouseau  Respond to of 108040
 
this is one of my post's from yesterday, I admit it was 1 day early;

To: ciVic (223 )
From: Investor Clouseau Tuesday, Feb 22 2000 12:04PM ET
Reply # of 276

bet you $1 that the market goes green by the end of day; with a strong close for the brokerages.

:)
IC





To: moufassa7 who wrote (78193)2/23/2000 6:14:00 PM
From: SirRealist  Respond to of 108040
 
Day to day, nobody can call this market. But other than the occasional profit-taking day - which talking heads and economists will attribute to everything including Fear Of Leap Year, then contradict themselves two days later - I'm not too worried.

Oh sure, when FOMC holds their barn dance, things get dicey a day or two in advance. But one can always move to heavy cash positions and limit losses, counterbalancing with bargains afterward.

I feel guided to see the bigger picture by a far higher power than I possess.

And barring the potential of an oil crisis, I don't see anything frightening about Nasdaq from now through April 3rd. Bond markets, technicals; NASDAQ has defied the bears for awhile because of the new paradigm of actively involved individual investors, wending their way through dozens of declining stocks to locate the advancing one, far exceeding the results most brokers previously achieved.

Traders who've never known a real bear market may be caught short some day, but I simply see far more upside near term. We live in fortunate times.