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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (2823)	11/8/2000 6:25:37 PM
From: fedhead	Respond to of 57684

No one is contesting this is a bear market. The unknown here is are we at the bottom of a bear market or looking over the edge of the precipice if NAZDAQ 3000 gets breached and we start the 2nd leg down. In that case there is support at 2800 levels, where NAZDAQ broke out last October. Below that one can only guess. The negatives are that it is clear that CLECs are going to cut back spending as their access to capital markets are cut off. Their is carnage in the networking chips land after the CSCO conference call. Anindo