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

To: Softechie who wrote (46475)	2/1/2001 2:34:38 PM
From: American Spirit	Read Replies (1) \| Respond to of 57584

Retailers are pretty fully valued. No bargains there. I just went shopping with my GF and everything was 50% off. All this tech buying lately has been ignoring the last and current quarters and looking forward to a recovery later in the year. You're ignoring the big picture. Almost every tech stock has gone up despite lousy earnings. In other words, all your gripes are priced in IMHO, pro and con. What we're buying now is 3rd or 4th quarter recoveries. But go ahead and do your thing. We all play our hunches. I just disagree with yours. You're fighting the Fed and listening to an anti-tech bear. Bottomline nobody's going to make or lose a ton of money in this market. I believe we'll trade sideways with a slight upward bias. I fully expect the Naz to exceed 3000 within two weeks. Has anything not already fallen that's likely to fall? Do you really think LU is going to fall from 18 back down to 14? Not likely. I'd buy more LU here if I could. Just an example.