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


To: DlphcOracl who wrote (45495)1/13/2001 11:27:46 AM
From: john722  Read Replies (1) | Respond to of 57584
 
DO One step Further with Chips

Dan Niles of Lehman Brothers also echoed Jonathan Joseph's
sentiment in regards to the chips. If they are correct,
we are seeing a bear rally. If they are trying to keep
investors at bay so they can accumulate, then that is collusion (which I just doubt at this juncture in time).

Be that as it may, keep your guards up at all times.
I think we are in for a pullback next week in the Nasdaq,
and then a rally through resistance suckering in some more
money. I sincerely hope I am wrong. I would rather see the market go higher, but I doubt the street wants to cause any
irrational exuberance before our economy is back on track
(even NBC is laying off workers.........). Have a nice weekend...... John