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Technology Stocks : IDTI - an IC Play on Growth Markets
IDTI 48.990.0%Mar 29 5:00 PM EST

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To: William B. Kohn who wrote (4447)10/27/1997 9:16:00 PM
From: mike wood  Read Replies (2) of 11555
 
The majority of this sell-off was done by money-managers,not the individual investor.
It is true that you don't have a loss until you sell,but it is also true that you do not profit until you sell.
Doesn't it seem like to much of a coincedence that china's head man is visiting the day hong kong & u.s. markets crash(excuse me I mean Correct)Clintons' got to be in on this,call Trent Lott,put a bug in his ear.
The mutual funds are under pressure to return double-digit growth,so if the market can't move forward that far,then they look for a reason to sell-off, and cause a correction.IMO
TTYL
mike

ps.Money managers don't like the fact that investors can buy an sell for themselves over the internet.They need something like this to show that they can protect your money better(of course for a small fee).
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