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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (24879)	1/17/2003 1:42:02 PM
From: Jeff	Read Replies (2) \| Respond to of 30712

maybe....and if we dump to 1270 and ramp back up to 1500 for a DT for a march high..... you would still be right....<ggg>

To: Softechie who wrote (24879)	1/17/2003 2:16:42 PM
From: LTK007	Respond to of 30712

An underlying factor in this sell-off today, imo, is the Mutual Funds had an approaching 100% mindset that IT spending would start to climb up from the pressure for companies to upgrade. This, in their mind, was the all-powerful sure thing to cause growth to shoot up. And this week this money manager MF herd had this "wishful thinking" mindset shattered, but as they are ever resilient at finding a new reason to be optimistic; i don't know how long this "o my it is not what we expected" will last. Max.