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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: JoanP who wrote (38420)7/1/2001 8:28:23 PM
From: TWICK  Read Replies (1) | Respond to of 100058
 
I continue to believe we are approaching a waterfall decline. The late July/early August time period would be the target.

I agree with you on the DOW, but I'm unable to figure out what it's going to take for the DOW to correct. I also feel that the Nazzie needs to re-test the April lows. What's it going to take to make that happen ?

The only good answer I can come up with is an IBM earnings disaster, ORCL, INTC to continue to disappoint, and for MSFT to come in with lower earnings due to poor Office XP, Windows 2000, NT, and Server sales. GE earnings disappointment will also help.

Twick



To: JoanP who wrote (38420)7/2/2001 11:51:55 PM
From: Mike M  Read Replies (1) | Respond to of 100058
 
Not only will the big boys be able to get out of their long positions, they'll be able to switch around to short positions without having to compete with the public.

Sure does sound a little paranoid....To whom will they be selling and shorting if the public isn't there?....To themselves....Ha!


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