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Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST
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To: robert b furman who wrote (3183)2/14/2001 9:43:23 PM
From: Ian@SI  Read Replies (2) of 3813
 
It's like a chess game. In order to get out at the top last year, you had to sell long before orders peaked for the first time ever.

Now, it seems that if you want to get in at the bottom, you have to buy long before earnings finish dropping.

It reminds me of the line from the movie Butch Cassidy and the Sundance Kid just prior to a knifefight. The bad guy is told, "Before we start this fight, let's get the rules straight". As the shocked fighter replies, "there are no rules in a knifefight", he takes a swift kick to the gonads and hears, "Yeah, I know."

Sometimes I think investing in this sector is like being in a knifefight.
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