Groundhog Day Message Board

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Strategies & Market Trends : Groundhog Day

QQQ 611.67

-1.9%

Nov 6 4:00 PM EST

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To: mph who wrote (4069)	5/10/2002 10:19:56 AM
From: Outer-limits	Read Replies (2) of 6346

<So what you have is dead money until late 2003 or 2004, if you're right. If you're wrong, your loss will exceed 50%, including the time value of money. The point is that your wishful thinking won't make the stock rise nor will it convince others who disagree with your assessment of the company. believe me, if I could will stocks to rise, I'd do it. I have a few losers of my own> First of all, WHO KNOWS whether I have DEAD MONEY until 2003 or 2004??? Surely you don't and neither do I. However, as we've seen so many times before sectors can and do bottom sometimes long before the major averages bottom (chip sector is prime example). If I lose my investment is won't be something to cry about (low 7s basis). I've gotten in near the bottom (unlike so many millions of other poorer investors). In fact I could purchase just about any stock at this juncture (non-tech), and see it implode 25 to 50% (how about GE at 40 recently???). You don't make much sense kid, not much sense at all. I'm not suprised!!!

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