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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (24766)	6/30/2000 6:28:45 AM
From: dennis michael patterson	Respond to of 42787

Lee, Carpinos cycles for this week look to be on track: no inversion. When I get the ful report, I'll discuss it here. As far as valuation goes, well, these stocks (the Gorillas) have been highly valued for such a long time. I agree with dr Svelte's point made just before that nlast off from 3040, to wit, that rising rates undermines the value of tech earnings, hence the compression of price. I have to say that in the light of the recent Fed moves, i would have thought the party people on th STreet would have cheered louder. All this said, while I have not had a great year, I have made money. But stock trading is a use of time (considerable) and the marginal value of my time v. return means I am in this for something other than the money!!