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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Mark Fowler who wrote (7252)	5/29/2001 12:28:52 AM
From: Bill Harmond	Read Replies (2) \| Respond to of 57684

Look at the Russell 2000. Solid break thru its 200-day, while the Russell 1000 remains below. Midcaps are leading. All my technical references are still positive. The SOX needs to breat thru its 200-day. Then look at eBay. Down less than 50% now? The MS Internet index looks good. I think the institutions know they have to reinvest in technology now or later. Just a matter of when. There are companies growing at high double and even triple digits through this. Hell, Avici's sales increased quadruple digits last quarter didn't they? Better to stay long here, IMO. The April lows were extremes.