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Technology Stocks : Oracle Corporation (ORCL)
ORCL 250.34+0.9%Nov 5 3:59 PM EST

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To: TobagoJack who wrote (15655)3/22/2001 11:57:30 AM
From: MeDroogies  Read Replies (1) of 19079
 
Losing money means they've sold. That would be the mistake they made.

At that point, selling begets selling and the scenario you envision occurs. I'm not so sure the bubble has the arms people think it did. Right now there is fear, which is one of the 2 things that drive markets. But people don't like being scared for long. They prefer to be greedy, the other thing that drives markets.

As more economic information becomes available...as long as it is good/tepid...the fear will ease. So far, most of the news is good. Inflation is up, but that's actually a good thing. The last thing you'd want to see at this stage is deflation....which is what happened in Japan. Deflation would give the Fed more room to act, but would feed the selling frenzy. With inflation, you know somebody's buying...and that means inventory and capital are being run down.
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