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


To: If only I'd held who wrote (96425)4/13/2000 5:40:00 PM
From: SirRealist  Read Replies (1) | Respond to of 108040
 
Last year, the market slid, depending on the stock, till 1 or 2 days after tax-due-day. That's why Tuesday dip or close looks best to me.

Absolutely agree with analysis of margin and fear factors. I told my people it was Margin, not Microsoft, that popped the balloon.



To: If only I'd held who wrote (96425)4/13/2000 5:45:00 PM
From: KevinMark  Read Replies (1) | Respond to of 108040
 
Greg, that's possible, but the market sentiment has been shattered. We may rally back to 4300, but not any higher than that. To much damage occurred in the technicals, and in the minds of individual investors, to rally for any sustainable period until next November. The same crooks who ran the market up and then down will do the same late this year. It will take that long for everyone to get over the shock of what has occurred here thus far for the past 4 weeks. Whoever was lucky enough to short when the market was near it's highs will never has this luxury again. It will be just as hard to short, as go long with any relative comfort level when all this is said and done.

KM