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

To: Tradelite who wrote (48216)	2/28/2001 6:20:06 PM
From: Jack Colton	Read Replies (1) \| Respond to of 57584

I did not see a reason for the tax cut intra-meeting. And, we will not see 1800, because at some point above 1800 almost EVERYONE will be buying - because they have been lead to believe that is the bottom. IMO

To: Tradelite who wrote (48216)	2/28/2001 11:07:25 PM
From: carepedeum2000	Read Replies (2) \| Respond to of 57584

capitulation this summer? i cant afford that, on the other hand is there a limit to how many "capitulations" we can have? i would say about a 100 point gap down on the naz ought to do the trick thursday or friday, from the chart dudes i follow, we should get a bounce around 2050, but the big support is probably 1900, but after a few more days, we can start talking about the pre-fed rally for the meeting on the 20th, but im afraid we are seeing the end of the 100+ pe'boys, valuation is coming back to historical norms, pie in the sky is out, real stuff is back, (thats why idti is going to be such a bargain friday morning) and the other thing is, we have to buy more than tech, looking like another reit summer rande?