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

To: Softechie who wrote (46465)	2/1/2001 1:04:05 PM
From: Softechie	Read Replies (3) \| Respond to of 57584

Nasdaq volume was huge yesterday on the downturn. They're bailing out leaving bagholders in place.

To: Softechie who wrote (46465)	2/1/2001 2:13:07 PM
From: American Spirit	Read Replies (2) \| Respond to of 57584

You have a crystal ball? Why would techs be "much cheaper"? Any reasoning or just that you've gone short again? I see a lot of techs sitting at their bases, many still under book and clearly undervalued. I don't expect us to retest the early January lows. Expect the Fed to keep cutting and for at least a neutral environment with minor volatility. I just don't see any catalyst for steep swings. Not looking for any big pops but from bottoms some decent steady rises. As earnings season ends the market looks ahead not backwards.