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To: pater tenebrarum who wrote (77086)3/8/2001 11:49:37 AM
From: mishedlo  Read Replies (1) | Respond to of 436258
 
Actually I have given up on panic.
If people have not sold BRCM at 140 100 80 60 or 40, why the hell should they panic now.

M



To: pater tenebrarum who wrote (77086)3/8/2001 1:51:56 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 436258
 
Heinz, it seems to me that no body cares or the short interest is so high that actually the tech market acts as usual.

IMHO there will be a grind for a while interest rates are going down and there is to much money moving around. Just think of it some one made money from the bubble one way or another and not all was spended.

The retail investor is left holding the bag but the real money like pension funds and insurance companies and hedge funds do not know were to put the money.

As long as the economy is healthy the averages will hold and lowering interest rates will keep it flowing. All this said tech stocks and NAZ will just trade in a range for 2 to 3 quarters. Short interest is just to high and the juicy part on the short side was last year wen I posted the Robber Barron's post.

Message 13468456

Also remember that 2002 is election year in the US and they need by this winter to have a great economic picture and a rising stock market otherwise the democrats will be in power again in both houses.

BWDIK
Haim