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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Sharck who wrote (34118)	9/8/2000 7:59:50 AM
From: GREENLAW4-7	Read Replies (1) \| Respond to of 57584

ANAL-YST FLIP FLOP, Over the last 2-3 weeks as the NASD and the DOW rallied every ANAL-YST on the street was positive for a sept-dec rally. Most even ignored earnings warnings season coming up. One in particular Vince Farrell was on CNBC last week, he was extremely positive for a nice move up going into the new year. Well that was last week, this morning I heard him again I belive it was CNN and he said the "MULTIPLE COMPRESSION" Word relating to upcoming earnings. He foresee's many warnings in the near term. He also said P/E's cannot sustain the earnings slow down which he now foresee's. He is bearish on the NASD and see's double digit loss for the year but flat on the dow at 12K for the year. This just shows how the retail investor gets used in todays markets! Reatail investors take the Dow and Nasd up in August as they do the institutions sell, and go short. Guess who's left holding the bag?? I hope some shorted the drillers on tues-wends, I see a nice correction in the OSX over the next 2 weeks. LFMN short is also rolling over, just feel that major NASD 100 stock will warn monday??