Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 61.79

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Jan 30 4:00 PM EST

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To: da_cheif™ who wrote (9914)	7/15/2003 12:06:20 AM
From: zx	Read Replies (1) of 208188

moneycentral.msn.com Contrarian Chronicles Wall Street great says the market is broken advertisement Investing pioneer John Templeton believes there is still huge downside risk to the stock market -- and he's almost as bearish on house prices. By Bill Fleckenstein Wall Street has its statesmen and its noisemakers. Into the former camp fall the likes of Warren Buffett, the late Leon Levy and John Templeton, the founder of the Templeton funds group. Their wisdom is there for the taking, but when it's deemed to be "pessimistic," folks turn away. That's where the noisemakers come in, ready to rev up any story that gets people buying stocks. Some technology chieftains have demonstrated remarkable skill in that arena. After all, the performance of their stock options depends on folks' willingness to believe. Imagine, then, the scene behind closed doors when Microsoft (MSFT, news, msgs) announced its decision to show options the door. Templeton’s take: The stock market is broken ...

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