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To: bill meehan who wrote (93810)4/13/2001 10:45:27 AM
From: Box-By-The-Riviera™  Respond to of 436258
 
that would be with minimal downside risk, right?



To: bill meehan who wrote (93810)4/23/2001 7:25:09 PM
From: maceng2  Read Replies (1) | Respond to of 436258
 
Hi Bill,

From your last post,

I'm very much hoping that those who are perceived to "control the market" remain skeptical. As long as that remains the case the market will simply cruise higher.

Well... fat chance -g-. The punters have kept buying the bad news and, on top of it all, Greenspan slammed a 50 point rate cut which drove everyone into a buying frenzy.

I was a little amazed because the fundamentals on tech and the graph on the NAZ point sharply downwards to me. However, you were right.

We dropped a little since Friday, but if I had bought in when you suggested I would take a good percentage off the table now. Perhaps I read this thread too much though -g-

Has the extreme bullishness unsettled you at all? I could imagine a period of extreme bullishness could start a sustained sell off in current tech market conditions

TIA for any comment,

pearly.