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Technology Stocks : Dell Technologies Inc.
DELL 126.59+0.1%Dec 22 3:59 PM EST

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To: Sig who wrote (172671)4/29/2003 10:20:32 AM
From: John Koligman  Read Replies (1) of 176387
 
Sig, if you have traded actively and lasted six years, I'd say you are over the hump. I've seen lots of talk over the years about a 90%-95% washout rate for folks attempting to trade the markets actively for a living. That was probably quite a bit lower during the tech boom years where it was tougher for folks like me to make big money because we couldn't believe what was occurring and stayed away from those 'playing with matches' stocks. Of course, that number has most likely 'reverted to the mean' over the past three years, with most of the 'new hotshots' back at work... As for Dell, it's made me look good over the past few years in it's narrow range, but I really don't have any idea (or good feel) for when it will actually break out. I keep thinking a sustained cyclical rally would do it in a big way, but then I go back to Jan/Feb 1999 when Dell first cracked and the NAS continued to rocket. I keep saying that we are really overdue for a nice rally with some legs (this potentially being the fourth down year, which has happened either once or at most twice during the 1900's, as I recall). Looks like the market is trying again in here, but we shall see...

Best regards,
John
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