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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 90.66+5.3%Nov 11 3:59 PM EST
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To: Al's Fun who wrote (15090)12/18/1999 1:29:00 PM
From: lee kramer  Read Replies (2) of 28311
 
Al's Fun: I've been trading for several decades. I've been in contact with some of the best traders on the Street. Anyone who hits 50% a year is good. I think we've been a wee bit spoiled by the high-tech revolution. I think that if you're doing 600% annually or better, enjoy it, and put a good chunk into 1-2 year T-Notes at roughly 6%. They'll give you the finest safety you'll find, and, according to the Rule-of-72, will double in 12 years with virtually no risk. This market madness, and I'm a partaker, will not go on indefinitely. We'll see sharp corrections, and eventually we'll see a reaL BEAR. I can't tell you when, or how steep...but come it will. Be prudent and wise, especially if you're under 30 or so. Best to you in the meantime. (Lee)
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