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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Bucky Katt who wrote (4334)	3/26/2002 2:22:09 PM
From: Dave Gore	Respond to of 16631

Rat, your take on interest rates and other points are well taken, in general Just remember what I am saying, the Market doesn't react logically very often. It tends to overshoot both directions. My main point is to make sure I am ready, in case we see continued good news, especially on the positive pre-announcements and earnings guidance. Remember too, we are not MARRYING stocks or the market. We are having a one or two day date with select stocks when they present good Reward to Risk situations. You can still make money when the Market is even going down, so to some extent we are not even concerned with a slight market drop, as long as it holds 1790/1800. To you point, please understand I am not arguing the NAZ DESERVES to be at 2000 or 2250 in the next 3 months. I am saying that it could easily go there if the market decides to get euphoric IF improved news comes over the earnings season. BTW - I think things are improving more than CEO's are admitting. I think some of them are purposely being pessimistic so that the Feds don't raise short term interest rates.