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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: steve harris who wrote (150173)	8/22/2002 11:19:24 AM
From: i-node	Respond to of 1583941

I'm dreaming that people buying the large cap, beaten stocks is a beginning to the end of the market going down. I bought so much stuff 18 months ago that I'm in the hole on I can't do much now. I have a feeling I'm not alone.

To: steve harris who wrote (150173)	8/23/2002 1:46:37 AM
From: tejek	Respond to of 1583941

I'm dreaming that people buying the large cap, beaten stocks is a beginning to the end of the market going down. Steve, the recent buying of stocks like JDSU and GLW indicate that the current rally is nearing an end. JDSU and the like are now considered third tier stocks, and these stocks go up when traders have run up the first and second tier stocks to their downtrend lines or to resistence. Most likely, the markets now will go sideways for a while, and consolidate their gains, or fall back down. I think this rally will prove to be another bullish rally in a bear market. BTW I am making some nice money with these third tier stocks, selling them and taking my profit as they hit resistance and jumping into others just waking up. I think it may be the only way to make money right now. ted