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Technology Stocks : Ariba Technologies (Nasdaq-ARBA)

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To: Spytrdr who wrote (1474)11/29/2000 6:36:29 AM
From: Bruce Brown  Read Replies (1) of 2110
 
Thanks for the post, Spy.

I would assume about three years of education and practice trades with 'fake money' would be the minimum learning curve before one should think about actually trading with some real money. And that's providing the 'student' is a capable learner and learning things like CANSLIM, charting, supply/demand, sentiment, etc... and had all of the proper tools at their disposal.

The good news is that valuations on some investments are looking attractive when compared with their growth and historical valuations. Others have a ways to retract yet. As an investor, I've got to locate those investments that look 'most attractive' in terms of valuation. As the technology sector has tanked this year, I'm holding investments that have gained 50 - 100% at the same time in areas like health care, food and luxury recreation that are now actually carrying market multiples higher than some of the technology that has come way down. I would imagine distribution is about to occur on those types of issues from 'smart money' just as the analysts are out doing their final table pounding on them. I wish investing wasn't such a 'participation sport'.

BB
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