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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (41689)	2/28/2001 4:38:41 PM
From: michael97123	Respond to of 64865

JDN, I think he is timing the market. When can he get the biggest bang for the buck with a cut and what size will it take. There are reasons for a rally from an oversold condition right now. If we can get that under our belt and then a period of calmer markets, we can get to the 3/21 date where a bold move can cause a rally from that point. If he cut 1/4 or 1/2 tomorrow, market would go up and then come back down imo. A one-pointer now would spook the markets. (WHAT DOES HE KNOW) By the way during that tech rebound it would be nice if the big investment banks committed funds to prop up this market. They too have an interest in the worse not happening and perhaps this informal Plunge committee will come to the rescue. I am grasping at straws but I cant believe that no fight will be put up at 2k nasdaq. It is a crucial time . Mike