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Strategies & Market Trends : Making Money is Main Objective
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To: lightwave51 who wrote (1059)5/13/2001 9:13:34 PM
From: lightwave51  Read Replies (1) of 2155
 
It was only 12 months ago that Cisco was handing out multi-thousand dollar bonuses to current employees who found someone from the outside to join up. Now this same company is in the process of getting rid of 20% of its workforce. Corporate managements are telegraphing to us that they are simply scared silly that the current corporate profits recession will be much longer and deeper than the strategist folks on Wall Street or the Fed governors would have you believe. For our investment dollar, we want to be on the same side of the table as corporate insiders.

We have often heard the buy and hold adherents argue their case in stating that investors cannot afford to be out of the market as they risk missing some of the biggest moves that occur in short spaces of time. We bet some of today's buy and hold investors wish to God they would have missed the last nine record setting NASDAQ days during the last 12 months. Oh well, maybe next time.

contraryinvestor.com
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