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Politics : High Tolerance Plasticity

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To: Tommaso who wrote (780)3/2/2001 9:44:19 AM
From: Don England  Read Replies (1) of 23153
 
surprising, looking at the futures, how little the techs i bot yest. are going down. it is the higher p/e stocks that are getting clipped. naz goes to hell, but the flattening continues in lower p/e stocks. continues to be particularly true in the chips.

am certainly going to sit on my postitions this a.m. and let the dumb-money dust clear. we've had buying at the close last two days, though the 28th was end of the month and doesn't really count. i am really not all that sure we didn't start a little rally with legs yest.

lol to all, crispy-fingered don

arch: think this was you, my fav. quote for the day, already. "i exited all but my physical postition." can't decide if it sounds like day-trader-talk for suicidal thots, or the mutual fund holder still in the nirvana of not-knowing. i still have my coffee can of yellow-dog droppings, too.

buysell: as to a, don't know a thing about them, but i think any 20+p/e stock can get cut in half here.
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