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

To: Voltaire who wrote (25473)	12/15/2000 8:59:10 PM
From: t2	Respond to of 65232

Until the FED cuts, it will be hard to stay long tech but I do think the market will move up ahead of the meeting. Maybe we get our rally Monday to reverse the Friday options expiration related activity. Should be a rebound. I have to say that there is just so much bearish sentiment, even in bulls like yourself (and me) are turning a little negative. Do expect a net rally Monday/Tuesday and a big move up in the last 3 trading days of the year as tax loss selling comes to an end and mutual funds take the opportunity to buy shares ahead of January. All the Nasdaq really needs is confidence. Once the confidence returns, hopefully we get a major shift the Naz. I am just not willing to risk it all on tech. Those leaving tech are going to be looking for places to invest in other beaten up sectors.