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Technology Stocks : PALM - The rebirth of Palm Inc.

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To: mr.mark who wrote (3258)1/3/2001 2:17:48 PM
From: David E. Taylor  Read Replies (4) of 6784
 
Mark:

Greenspan and the Fed, having been manning their Maginot line and peering out through their binoculars trying to find the non-existent inflation enemy for the last 18 months, suddenly realize that they have brought about an attack from the rear by an enemy of their own making.

What a god-damned farcical contrived pile of BS for four months since labor day. Unfortunately, it's the little guys who have been hurt the most, and the big guys who are laughing all the way to the bank with the shaken out stock they've been soaking up.

So much for my LTB&H "lock box strategery" and ignoring the swings. Time to bias my investment approach the other way and put my traders hat back on for a while as this thing painfully climbs out of one of the deepest holes it's ever been in. There'll be lots of jittery profit taking as the Nasdaq recovers from its almost terminal case of being mugged.

Good luck to everyone. I truly hope that none of you got wiped out by the last four months. And to WLD and others who have long been advising caution and cash, you surely had it right this time. Keep up the posts.

David T.
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