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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Eagle who wrote (44233)	12/27/2000 10:06:47 PM
From: American Spirit	Read Replies (1) \| Respond to of 57584

Three answers: 1) Unexpected uncertainty of Prez election which still hasn't settled entirely 2) Unexpected profit warnings 3) Year end tax selling exasperating price drops caused by the first two. Now all of these three problems have played themselves out. disagree with me if you want but who cares about Nov. 3? The only issue is today and tomorrow and next week and beyond. And my opinion is that any optimism about our economy aside these techs are severely oversold and undervalued. In consideirng this late date I would say AT THE BOTTOM and the last bottom this low for a long time. Believe me I'm no delusionary bull, I'm just telling it like I sees it. So if your position is short I'd get out, and if you're position is long I'd hold and if your position is cash I'd bargain hunt aggressively. Start with strong ones like CSCO, IBM, GE and SUNW if you like but this is as late in the sell-off game as I think you're going to get. By Friday we rally hard. If I'm wrong slay me then. But that is my humble prediction. And all bad news and negativism has long ago been priced in so you can just about forget it all. Simply put, unless you fear a company might go out of business soon tomorrow might be the last bottom buy day of the next 6-12 months. Anyone else agree?