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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: dennis michael patterson who wrote (45859)4/12/2000 11:02:00 PM
From: Crimson Ghost  Read Replies (1) of 99985
 
I don't know if you were investing in 1973-75. Lots of people were pushing the former favorite "one decision" stocks after they had dropped 30-50%. They seemd cheap to many just like Cisco appears "cheap" to you now. But then they fell another 30-50%. Many of them plunged 80% or more before troughing.

A word to the wise....
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