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Strategies & Market Trends : LindyBill's Ballroom -- Ignore unavailable to you. Want to Upgrade?

To: Larry S. who wrote (137)10/4/2001 1:12:09 PM
From: Uncle Frank  Respond to of 248
 
>> My personal opinion is this is a good rally in a bear market and chance to lighten up. there remains, imo, a more significant chance that this is a respite on way to things darker than it is a true bottom and reveresal of trend.

Good, because if people believe this is a sustainable rally, it will lessen the chances that it will be.

Does that make any sense?

uf@wantarally.com



To: Larry S. who wrote (137)10/4/2001 1:15:25 PM
From: stockman_scott  Respond to of 248
 
IMO, its a massive short covering rally...go long, use strict limits (and move them up regularly), enjoy the ride while it lasts...sell & book nice profits....Repeat whenever possible....Yet, it's important to choose market leaders that are very oversold with high relative strength (e.g. BRCD, QLGC, and SEBL).

Regards,

Scott


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