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

To: Trumptown who wrote (23628)	4/9/2000 4:18:00 PM
From: SBerglowe	Respond to of 57584

In conjunction with your post it may lend some balance to read the following post: Message 13382462

To: Trumptown who wrote (23628)	4/9/2000 5:48:00 PM
From: Rande Is	Read Replies (1) \| Respond to of 57584

I totally believe he is wrong. Here's why: P&G and cyclicals have recently moved up off their lows. . . clawing their way back to some pretty decent prices, since my call on value stocks from mid-March. Most have held their values quite well. . . unlike last year, when cyclicals were a flash in the pan. . . so they are already closer to their true value to begin with. . .and he may have greater confidence in the sector, due the fact that they have held their recent gains. However, when the Nasdaq COMPX took a bath last week, the Dow did NOT hold its value. The cyclicals, financials, value plays and Dow Blue Chips all fell in sympathy with the Nasdaq techs. I believe this will happen again. . .and that even the most boring of cyclicals will not escape the drop. After the initial tech sell-off, I DO believe there will be another knee-jerk panic rotation into cyclicals, but again it will be short-lived. . .and disappointing. . . after about 4 days. . . as the overall markets weaken and the overall Dow and broader market sympathizes with the Nasdaq COMPX. OT>I didn't know there was a "market timer of the year". . .perhaps we should submit my track record. . . I could use a new trophy. . . . . <g> Rande Is