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


To: JLS who wrote (34976)9/14/2000 4:32:38 PM
From: Trumptown  Respond to of 57584
 
Dudak seems to be a perpetual bear...haven't really followed Ralph...

So far earnings after the bell look good...that coupled with the low ppi/cpi, should be enough to ignite a rally...if not, it may be time to head for the caves!

SR



To: JLS who wrote (34976)9/14/2000 5:12:30 PM
From: Softechie  Respond to of 57584
 
Tech and internet issues valuation have to be in line with projected growth of the buyers. I believe the worst is yet to come and preparing for a major correction.



To: JLS who wrote (34976)9/14/2000 9:48:16 PM
From: fishweed  Respond to of 57584
 
Julie - Perhaps we're at that critical juncture in the markets Rande so aptly described in a post on RB in May........

........The ANALysts have worked overtime convincing the retail investor/trader that we are headed for 2500 on the Nasdaq. As many individuals finally start to believe that this could be possible. . .they pull out and wait for 2500 to be hit.

But of course the 2500 target [or whatever their latest happens to be] never does get reached. . . thus, the retail investor fails to place his/her buy orders near the bottom. . . and doubts any rallies or bounces off say. . .2800. So when the REAL rally hits. . . so many retail investors will be doubters that they will miss it. As they wait for 2500 to be hit. . .3500 happens without them........


fishweed