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Strategies & Market Trends : John Pitera's Market Laboratory
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To: nspolar who wrote (8627)1/6/2008 4:40:57 PM
From: Hawkmoon  Read Replies (1) of 33421
 
Well.. the one thing that Tech has going for it is that in any circumstance where global governments coordinate deficit "pump-priming" efforts, Tech is bound to benefit as systems are upgraded and more productive (profitable) technology incorporated..

And let's face it.. the SPX, which is burdened by so many banking stocks (18% I seem to recall) is going to continue to be pressured as the mortgage overhang is work out over the coming year(s)? So where will investors money go?.. Tech..

I'll continue to watch EBAY to see if the above scenario plays out..

Hawk
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