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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Logain Ablar who wrote (55163)10/4/2000 8:58:00 PM
From: Original Mad Dog  Read Replies (1) | Respond to of 63513
 
I think the Naz woods include at least one trip below 3000.

It has been less than a year since it last closed at that level (early Nov. 99).

Before that it was almost always below that level.



To: Logain Ablar who wrote (55163)10/5/2000 11:24:21 AM
From: MulhollandDrive  Respond to of 63513
 
>>I'm not sure if we are out of the naz woods yet.
<<

I just don't see how it is possible that we are out of the Naz woods yet. INTC warned, DELL warned, MSFT is a basketcase, is CSCO the last of the old 4 horseman to pull up lame? Probably not, they will most likely beat by their usual penny, but I doubt that will be enough to hold up the NAZ. Being a cap weighted index, I think we'll need a few more rinse cycles get the Naz out of a trading range.


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