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Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks

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To: Jack Hartmann who wrote ()4/13/2000 10:50:00 PM
From: Jack Hartmann  Read Replies (1) of 6928
 
Portfolio down 1.66%, Nasdaq down 2.46%, Dow down 1.81%, S&P500 down 1.82%, Gilder down 2.8%, and Meisler down 1.8%.
Started out good, but now down 4 straight days or nearly 15%. I think it will turn around after tax selling and the strength in earnings from the tech infrastructure companies. I'm in the minority by scanning the posts.
ASYT, SUN, MOT, KLIC, ISIL, BRCD, SEBL, NTAP, and CCMP were green.
Fought the urge to pulled the CDs out and buy some more stock. Many bulls were broke in 1929 by going to long too early. It is different then to now. $1 got you $9 of margin in 1929. Today only a 1 to 1 borrowing.
SYCD hit $1.25 or 52wkLO. Have to check what is happening later tonight.
I must be the last Bull on Kims thread. All hope gone there.
Message 13419826
Valuation too high and prices are obscene were the replies. Maybe so. I see CSCO PE of 175 doesn't faze most CSCO holders. Many buying tech on anticipation of future earnings not past PE. Talking heads saying many locking in last years gains by exiting tech. That is bothersome as further decline is possible. So much money on the sides. I'll just wait the carnage out.
Jack
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