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

To: Softechie who wrote (46535)	2/2/2001 4:24:53 PM
From: American Spirit	Respond to of 57584

Thanks for your concern but I'll buy all I can Monday morning if there's another dip. I've learned not to fight the Fed. Just should have taken a few more profits two days ago. Today put everything back at its base. Selling or shorting from here would be irrational IMHO. Earnings bad news almost finished. The Fed will keep cutting until things are stabilized. Expect another 1/2 point cut in the next week or two. Just when shorts least expect it too probably. This sell-off was actually to be expected after the rate cut wait. But now this sets us up for more solid rallies. Monday should be interesting though. Probably a turnaround mid morning.