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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Casaubon who wrote (17122)	8/29/2001 1:41:44 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 52237

Ahhh, Maybe. I suspect the numbers will get worse over the coming months but as I said, I actually look forward to it since many bear markets ended just as the recessions became "official". Still I think we need to get valuations more realistic as I dont think anyone believes in a "U" shaped recovery. Maybe more like a check mark with slower growth going forward. and right now valuations are looking for 1998 - 2000 type growth. They can rally this now. I sold my longs for a dime loss plus trading fees. This just seems to go down easier than it goes up despite us being in a tight range. Will re-enter if we can get through 1520 on the NQ. I still think if they break 1495 NQ, longs are toast barring SUNW saying they found their servers cure cancer. -gg- Good Luck, Lee