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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (4926)10/2/2000 1:45:46 PM
From: vip  Respond to of 65232
 
The way sometimes market acts is weired! When INTEL announced that margins will be down from 63 to 62%, the investor community acted as if the INTEL is not going to be there for long. INTEL will be there for long long time and it will go higher from here. Market has seen its bottom and it will go higher from here.



To: Dealer who wrote (4926)10/2/2000 1:48:55 PM
From: GrillSgt  Respond to of 65232
 
I think Nasdaq next stop 3521. I think the hot stocks aren't going to jump on the numbers this quarter with fears of slowing growth ahead. Sell the news. Thats when you'll get your capitulation. Likely mid-late October taking us down to 3200. I think you get a s/t bounce off the 3521 in anticipation of these numbers. Bounce off 3200 closes out year 4000+

Any preemptive easing and all this is void of course.

One just has to be very patient for the next couple of weeks.


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