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To: Lutz Moeller who wrote (47)5/11/2000 8:03:00 AM
From: Oak Tree  Read Replies (1) | Respond to of 57684
 
"7% drops are too much." True. Let me ask though, were those drops in the last few days and if so were they on much volume. My belief is that everyone is waiting for greenspan, hence volume is low and slowly dropping in lots of techs. I also suspect that $ are accumulating at institutions since they aren't buying. I suspect that the market will go up independent of what greenspan says since people are just waiting. I don't think they are about to send their money to oil, gold, and silver stocks. I've been buying -- perhaps I'm in trouble.



To: Lutz Moeller who wrote (47)5/11/2000 10:59:00 AM
From: Dimitry A. Semenov  Read Replies (1) | Respond to of 57684
 
Here is the technical view of the market:
schaeffersresearch.com

Does not make sense to sell on days like yesterday. If you are not daytrading don;t check the market on days like that, just forget about it, you will thank yourself in 6 months.