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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: truthcommission who wrote (67701)	3/3/2001 8:29:20 PM
From: Anthony@Pacific	Respond to of 122087

Pickens are slim but thats ok..I only need one every week or two.

To: truthcommission who wrote (67701)	3/3/2001 9:48:01 PM
From: eims2000	Respond to of 122087

If this is turning into a recession all over (it is the beginning of a recession in the tech area) then there will be no bottom for awhile. I am in the same boat as almost all of you. My experience is limited to a raging bull market and now this bear market. biggest blip so far was that surprise rate cut and even that got sold off immediatly. Everything always sells off much faster than it rises so even if a rally started, it will not be swift enough to do much damage to someone that has been shorting for the last month, let alone for the last year. And there will never be a large pecentage of traders shorting compared to those that were buying before. for months now, every rally has been met by more selling and i will continue to short the rallies till that no longer works. And as far as I see it, I dont think any of these tech companies are going to come out next week and say "our business is growing at an accelerating rate again". In fact I thinnk the warnings keep coming, and for tech companies these will start being LOSSES soon if the tech economy does not turn around soon (which I don't see happening). So there will just not be a reason to atract enough buyers to rally this thing.