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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (37484)	1/3/2001 10:13:45 PM
From: Eric L	Respond to of 54805

>> The Fed Rides To the Rescue The financial news has been bad: an economy that’s softening rapidly, a flood of earnings disappointments, a badly slumping stock market. Not wanting to wait until the end of January to take action, the Federal Reserve stepped in Wednesday to cut two key rates, and said it will cut rates further if necessary. Wall Street was thrilled. After Tuesday's horrible start to 2001 trading, traders bid all the indexes and most stocks sharply higher. How long the euphoria will last, however, remains the key question. -+- The Nasdaq composite rode the tech coattails as it enjoyed its biggest one-day percentage (+14.1%) and point (324) gain in history... -+- Investors are scooping up bargains throughout the tech sector which big emphasis on the large-cap issues... Nasdaq 100 index trades up 17% with standouts being CSCO +22%, ORCL +20%, SUNW +29%, JDSU +30%, and QCOM +17%... << -+- Gorillas & Kings lead the way. "G&K Index - Y2K" = - 8.9% - Eric -