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

To: Condor who wrote (45506)	1/13/2001 6:40:13 PM
From: DlphcOracl	Read Replies (1) \| Respond to of 57584

Condor: I used "April" more for illustrative purposes and didn't mean to be that specific. Feb 28 may well be a better exit point. However, I will let the NASDAQ be my guide. If NASDAQ hits 3000, it will have gained 30% in two months. Not much room to move up from there, IMO. One final point: I find it difficult to imagine a tech rally without the chip sector participating. Since the trough of the down cycle is projected by several analysts to occur about 6-7 months from now, the odds are against the tech stocks once we get past this earnings season.