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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: Steve Fancy who wrote (21188)3/17/1998 3:20:00 PM
From: Paul Fiondella  Read Replies (1) of 42771
 
"I haven't had such a hard time finding profitable trades since..."

The other side of the market run up hype is that the market has to go down in order for those that profited off of the hype to get their chance to buy back in.

Its the buy and hold (forever) types who buy in during the hype that allow the market movers and shakers to make more money on the upside. Everyone has been trained so well that they can't shake them buy on the dippers loose. They just won't sell!!!

Then there is Abbie Fakeit with a megaphone saying GO GO GO. I once saw her on Wall St. Week and I was not impressed with the depth of her analysis. I couldn't find any. But just like Bob Pisani, I heard a rumor that the market will go up and anyway I'm going to repeat it because you just can't lose with that Buy Buy Buy megaphone. Be on the side of the winners. Buy Buy Buy. Let's push it farther. I know where the exit is for me.

You get the picture.
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