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Strategies & Market Trends : The New Economy and its Winners

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To: Dave Doriguzzi who wrote (17972)8/26/2003 2:17:01 PM
From: Lizzie Tudor  Read Replies (1) of 57684
 
Is ccur a chip company?

You know, I have some cash saved up which I was going to deploy in the sept-oct doldrum period. I was looking at AMD and a few others. But the way this mkt is going, I wonder if we are going to get that correction. Every morning it seems like the mkt starts down, and then grinds up at the EOD. That is very bullish action. Plus all the ocnsolidation which is still happening. My business (software) is not great but there are all these structural issues there and it may be that enterprise software is a slow grower for the intermediate term minimum... but we had something like that in 98 when software was not a winning sector and the internets and other stocks were on this tremendous upward trajectory. I wonder what the fall will be like for the non-software techs, good I'll bet. I'm going to try to get a good entry with my $$ but if by late sept we are still trading flat I will just jump in and say screw it, all the stocks I want are 60-80% off their highs anyway.

On the RE thread somebody said Sir John Templeton buys real estate when it is 90-95% off its highs, I wonder if that also applies to stocks (I know it doesn't, he thinks Nas is overvaled still)... but I'll bet I'll be pretty happy I bought here in a few yrs.
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