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Pastimes : Trading the markets.....

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To: Real Man who wrote (4059)3/15/2001 3:42:17 AM
From: GROUND ZERO™  Read Replies (2) of 4583
 
First of all, I would never buy gold, gold is always in a bear market... the best inflation play is to short bonds, not to buy gold... second of all, I think we're probably very close to the bottom here, I don't think we'll see a crash in the SP's and the DOW... the NAZ already crashed.....

I think by the time the public at large recognizes that tech stocks are still necessary, it will be too late for them... I think tech stocks will come back into vogue soon enough; companies still need tech companies in order to operate and the Internet will only get bigger and more complex - high tech will only grow... I think the tech companies are now going through what the auto makers went through right after the automobile was invented... there were dozens of auto makers in the U.S. early on... but, only five companies survived and they became the big five..... the same thing with tech stocks, most of the smaller companies that fall by the wayside will disappear, but we'll be left with a few giants that will emerge as the great companies.....

Best Regards,

GZ
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