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To: Boplicity who wrote (2069)5/31/2000 5:44:00 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 13572
 
I expected a pullback, but I was hoping for a mid day swoon with buyers coming in late day to send the NAZ back up. These end of day selloff's make me feel that the traders are still in charge and there is little institutional buying.

bp



To: Boplicity who wrote (2069)5/31/2000 7:30:00 PM
From: DOUG H  Read Replies (2) | Respond to of 13572
 
<<<The end is near TRUST ME!>>

Greg, I would say that the recent news of slowing in housing/durable goods at least gives reason to believe that the rate of increases may lessen. The economy is entering the "if you push too hard" area. I really think we've seen the bottom for this earnings cycle barring terrible news on employment and CPI/PPI which won't happen.

Next up, earnings revisions for those effected by the slowdown.


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