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To: pater tenebrarum who wrote (38028)6/5/2000 11:38:00 PM
From: Lucretius  Read Replies (2) | Respond to of 42523
 
here's what that numbnut said...

Last week the stock market staged a very exciting show for all of us. The rebound was led by
technology, insurance and banks; this advance also broke many downtrends that had been in force
for the past several months. One barometer actually registered an all time high?the S&P Mid Cap
Index.

From where we sit, the technical inputs now suggest that the low for the May/June period is in
place. Obviously there will likely be concerns about future economic numbers and these concerns
will likely create more daily fluctuations--but this is all part of the process needed to set the stage
for higher prices over time.

The key to all of these wild swings in price is ROTATION. We continue to monitor our list of
attractive names below?we will do our best to highlight those stocks that are coming to the fore.
We also must stress that as the new leaders emerge, there will most likely be stocks that suffer as a
result. On Friday it became apparent to us that energy, drugs and some consumer issues were
being sold as money rotated back into the now depressed tech issues.