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Pastimes : All Clowns Must Be Destroyed
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To: Lucretius who wrote (160)12/15/1999 9:14:00 AM
From: Cynic 2005  Read Replies (1) of 42523
 
Clown babble:
<<"After the meteoric rise that Nasdaq has had, they are entitled to have a day or two of profit-taking," said Jon Olesky, head of block trading at Morgan Stanley Dean Witter. But he said he didn't see signs of sustained selling pressure. Many investors want to stay heavily invested in technology stocks at least through the year's end; many also want to avoid taking capital gains until the new year. "I don't think the incentive to sell stocks is there," Mr. Olesky said. >>
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