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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (20356)	6/27/2002 7:47:29 AM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 74559

>>Hi Ron, my worst fears were realized last night<< Well, there's still few boys and girls manning Alamo. Fleck calls it the ramp-up job, right... And everybody helped - the guys on the floor even cheered, when DJI climbed back over 9100 ... As if this number has anything to do with the present and future of American and ROW economy...

To: TobagoJack who wrote (20356)	6/27/2002 8:23:26 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 74559

well, you know, each will be taken out to the woodshed, in turn, screaming, and out again, battered, yielding significant dividend rates. Ahh... the terrible wrath inflicted by "creative destruction"... But where there is crisis, there is opportunity (and you being chinese should understand that more than most of us Yanks).. So now we have to find those companies who represent the "next wave", even if they are "boring" companies paying dividends. But we all now have to await the fate of MSFT, which represents, by far, the largest proportion of the Nasdaq and a significant chunk of the DOW (P/E speaking). It should attempt a rally to $60-65 over the next couple of weeks or so, but that could only be a headfake rally which results in further downside: bigcharts.marketwatch.com There was a pennant formation which had formed on the weekly chart, but it broke to the down side and suggests a continuation of the downside trendline. Hawk