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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 35.81+0.2%Nov 25 3:59 PM EST

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To: Sonki who wrote (14322)12/10/1997 11:46:00 PM
From: Captain Jack  Read Replies (1) of 27012
 
Sonki--- I love the game. Have said for years the market is just gambling. Winning is a hell of a lot more fun than the past few days. Oh well, just stay away from dangling rope and windows in high biuldings. Traders do NOT jump. The game just gets more interesting. The challenge has been laid. The techs have been hurt and more pain on the way. Drugs too have been hit and now the banks. All the $$$ that came out will go back,,, but where will they go? Surely most bailed from techs will not go back there. The big boys bailed on 4 cents. Had Larry asked we all could have given him a nickle for each share owned and saved a ton. The big boys must feel ORCL was just the beginning. Quantum may be the beginning of them feeling correct and they will dump more techs. The whole sector was sh*t upon because of one company. That is like saying C had a bad qtr so GM and Ford have to be garbage too, then throw in AZO and the oil companies. The whole thing makes no sense other than the fund mgrs make too much money and will take a hell of a hit to run from a potential problem. I am glad I traded a ton this year as nearly everything being held is down from the purchase price. Still way up for the year which strengthens my belief in trading. Riding these VERY big dips out by investors is only profitable if you are sure you will live long enough to see them come back. Still holding but beginning to wonder why!

JOHN
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