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

To: SirRealist who wrote (96901)	4/14/2000 3:00:00 PM
From: SBerglowe	Respond to of 108040

Kevin, I think next week is not going to be a picnic for the bulls...please save your $$ and don't be in such a rush to buy. You seem like a very nice person, so I am sure we can exchange opinions civilly. After the damage that has been done this week, when people look at their mutual funds over the weekend and really see the damage that the market has inflicted, I am sure there will be liquidations. Also, anyone that is still on margin has probably gotten wiped out this week. I am a technician and many stocks have not come close to what I consider reasonable downside objectives. Even if you think Astrology is hooey, (and I don't), the astrologers are pointing to a nasty time toward the end of next week. Also, if you look at what the 'weekly chart' on the NAZ and on the DOW will look like after this week , it would be hard IMHO to postulate any immediate strenght early in the week. One other thought, on all the threads, I note anxiety to buy the bottom. People are not pessimistic enough to have a bottom in place.