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

To: lehoogie who wrote (45804)	1/18/2001 4:03:52 PM
From: Rande Is	Respond to of 57584

The tech-bubble may have temporarily deflated, but it surely hasn't burst! I am very impressed with the resilience of the tech market. It is shrugging off bad news. . . earnings are coming in better than anyone had hoped. . . and momentum is building. . .and as momentum builds, confidence grows. . .and as confidence grows. . . money comes off the sidelines. . .which adds to momentum. . .etc. I thought we would have moved slower than we have. From Dec. 29: My prediction for January is that the top 5 trading gain days on the Nasdaq for the month will account for 90% of the monthly advance. I believe we will end January over 2800, perhaps even 3000. Seeing as how we have nearly reached our projections with 2 weeks left to go, we may even enjoy the task of increasing them. At this rate, February should be really fun. Rande Is