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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: besttrader who wrote (17022)4/18/2001 8:49:32 PM
From: American Spirit  Respond to of 37746
 
Ludicrous all right to believe stocks are up 100-200% in 9 days. What have you been smoking? Glad you bought today but too bad you dumped. We rally again tomorrow. Profit-taking should be minor, buying on dips should continue, Greenspan cuts again in three weeks and earnings are better than expected. Lower rates will mean more cap spending, takeovers, mergers, investments and IPO's. The bear market is a thing of the past. At least for the next 3 weeks or so. And if this is a bear rally, they sure feel bullish to me. Yes there will be a top (soon at this rate) but not yet. I'm hedging not by shorting or selling but with stocks like SBC, WCOM, FON and VZ which should do 10% or so this month without much of any risk. They're just so oversold relative to true value. Don't want to get too greedy, just go with the flow and take advantage of that value esp now that the tide has clearly turned and there is mass buying again. DOn't expect it to end soon.