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Technology Stocks : Nortel Networks (NT)

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To: John Paquet who wrote (10850)6/18/2001 10:09:34 AM
From: Stock Farmer  Read Replies (1) of 14638
 
John - you want my theory?

This is a crushing bear market like you haven't seen, because you weren't born when the last one like it was unleashed. This "bull market" you point to? It is a bear rally within the larger context. Like Indian Summer: pleasant, but merely a blip in the larger trend.

I'm too conservative? Perhaps.

A conservative still wins in a bull market. But only a conservative fails to lose in a bear. So I will fail to lose and maybe win. That makes me ahead, on average.

I don't need the big win.

John.
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