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To: BigBull who wrote (88518)3/11/2001 8:22:30 PM
From: DataBits  Read Replies (3) | Respond to of 95453
 
"Whodathunkit" lingo is at all time peak!

It is time to buy and be fully invested with some margin.

A trough for the DOW has been set on February 23 at approximately 10,300. I predict the DOW will set a new ALL TIME HIGH some time in 2001 and meanwhile will not break below 10,300 with any significance.

NASDAQ will have set it's trough before end of March 2001. March 12-19th, maybe sooner rather than later, is ultimate buying period for this major trough period. After March 19th, the NASDAQ will have a MASSIVE SPRING RALLY and sell off some of these gains during April-May. This is why A.J.C. and other analysts are fully invested during the month of March and into April.

Any remaining selling will take place this week. Odds are low for large corrections. Fund managers have to question selling at new lows (meaning taking a loss on equity positions). Hmmm, let's dump HUGE blocks of MSFT, CSCO, NT, MOT, IBM, DELL, semi's like INTC, etc. at new 52-week to multi-year lows. Further selling does not make sense unless playing day to day, week to week.

Large cap techs will come back STRONG in 2001.

Just my bits