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

To: carepedeum2000 who wrote (46420)	1/31/2001 4:12:46 PM
From: Mark Konrad	Read Replies (1) \| Respond to of 57584

Agree, Carp, but I won't take defensive plays in a lower interest rate market. Techs or cash; "sector rotation" for me is back and forth between small, mid, and large caps depending on overbought/oversold conditions. Took gains today in AOL, MSFT, QQQ, IBM while adding to AFCI, HLIT, RFMD, etc...can't complain. Tax cuts will be a welcome addition to rate cuts. I don't see this market collapsing...just a "normal" pause for the backing and filling you suggested. We've already got huge gains booked for January. No sense givin' it ALL back! Regards--Mark--

To: carepedeum2000 who wrote (46420)	1/31/2001 4:19:31 PM
From: Bucky Katt	Read Replies (1) \| Respond to of 57584

Carpe, the weakness in the NDX surprised me too, that index now has some technical damage that has to get a fix, I am looking to get back in long only if it can hold 2525 on a closing basis. Timing may indicate a push next week. The move in the defensive stuff may be due to the thinking that lower rates may mean a weaker dollar, which may be good for exports, but the flip-side may be overseas money leaving our markets, for every action, a reaction. A sloppy mess, thinking caps needed here...and I agree, it can turn quick, both ways..