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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (119437)	12/18/2000 4:28:58 PM
From: Dave Gore	Respond to of 120523

Very good rationale, Jenna. If something is too obvious it likely won't work that well. I just can't get out of my mind the many thousands of AOL call contracts that were purchased late last week when the long awaited merger went through. With AOL down some 7-8 pts. since then, they have gotten killed. Many think it is now time to go heavy shorting, but you are right, it is too obvious now. Many think the Market will go back over 3000 with the Fed. news tomorrow, but that also seems too easy. Or does it? I imagine many feel that they are just puppets in some game, but there is logic and counter-logic going on. It is best for most to stay in cash or tread lightly, including ME!!