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To: Tradelite who wrote (21217)2/25/2000 6:56:00 PM
From: Tradelite  Respond to of 57584
 
More from radio stock gurus....this comes from a technical analyst...(and backed up by comments by other gurus I've heard lately)......Short-term, the Naz high-fliers are the place to be....but expect 20 percent-or-so Naz correction in the spring. There will also be a very rapid, hard bounce in the Dow to the upside at some point,probably this spring, they say, particularly among companies using technology to improve their productivity...Ford Motor has been cited as an example.

To me, the fact that more than one guru (all of whom use statistical models for their analysis) say that a Naz correction isn't imminent and won't happen until late March or April is significant. Use your own judgment and defense mechanisms. These guys can be wrong.



To: Tradelite who wrote (21217)2/25/2000 9:26:00 PM
From: DlphcOracl  Read Replies (1) | Respond to of 57584
 
Tradelite: The mutual fund redemptions caused by investors bailing out of Dow and "old-economy" stocks will pall in comparison the the sell-off caused by investors fleeing their index funds when they realize that they will not give them their accustomed 20-30% returns this year. THEN you will see a Dow sell-off that makes this week's action look tame.