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Pastimes : Trading the markets..... -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (1060)	11/30/2000 5:28:09 PM
From: PMG	Read Replies (1) \| Respond to of 4583

hmm ... I think a short-term pop is always possible and you're probably right with the expectations for monday. The 'relief rally', yes. BUT as it seems to me, markets are still managed with organized rallies, short squeezes, ridiculous news stories like Cohen today. Why if there is no selling prossure anymore? When all the big players have had the downgrades and these sudden spoo run-ups which shoot the quotes THROUGH risistance like butter, then we may have reached the end of this vast broad correction and one should go stock-picking (what was this?). So I feel there could be a nice play with catching tomorrows bottom and even holding over the weekend. But nothing more. The fundamentals are simply overwhelming against it... too much money's wasted - this needs time to recover. have a nice evening... PMG