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To: limtex who wrote (16061)	10/25/2000 4:12:36 PM
From: Rocky Reid	Respond to of 60323

limtex asked: >>R - NAZ came off the lows but SNDK stayed down. What kind of sign is that. << NASDAQ didn't recover much. And I didn't see any Big Fund swooping down picking up "bargains." I did see lots of Selling market-wide and lots of churn by day traders. This does not bode well for the short term. I will join the pundits in calling for a NASDAQ base- mine has been a Nasdaq 2900 prediction for weeks now, (best case scenario), 2600 for a worst case. If elections end up with a Democratic Majority and Pres, we could likely see an extended Bear Market. If Republicans win a Majoriy and Pres, I see an overall economic Recession. I feel the party is over. I also see the US bailing out the Euro big-time despite who wins the election and US taxpayers paying for it all in the end- US taxpayers paying for the generous "free" single-payer medical and welfare services of those countries. I wonder what Nader's views are on bailing out the Euro? A great deal of his platform is based on Western European government models.