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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Uncle Frank who wrote (40480)3/16/2001 2:08:19 PM
From: ratan lal  Read Replies (1) of 54805
 
Will someone please give me 10 reasons why capitulation is a lousy idea?

1. I am on margin and already getting closer to margin calls.
2. you dont want to be selfish just because you are not close to margin calls.
3. you favorite companies may lay off Ph.d's who may have to pump gas (remember 1971 in California?) for a living.
4. It might feed on itself and take 7 years to recover.
5. Internet and wireless may take many more years before being widely used.
6. your favorite companies may go out of business.
7. you may finally get close to or actually get margin calls.
8. may take a generation for Consumer confidence to return.
9. people in the cold areas may actually freeze their a^%^& off due to no income and high gas prices.
and finally the worst of all
10. people may have to go back to watching Jay Leno and the other guy (been so long i forgot his name) for entertainment.
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