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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: ted quinn who wrote (11041)5/27/1998 12:10:00 AM
From: Don Earl  Read Replies (1) of 14577
 
Hi Ted,

It looks more like a market thing than a SIII thing. Reuters is spreading gloom and doom on the NASDAQ again. Making a big deal about the Korean index dropping 19 points last night. At 1390 won to the dollar, that works out to a whopping 1.4 cents US. Yes indeed, a wild assed panic sell off. Let's get worried about Asia again!

It must be nice to own the only news service on the NASDAQ and be able to create buying and selling opportunities with slanted news articles. Hello? SEC?

If you really think it's going into the 5s the only smart thing to do would be to bail, go short, cover when you hit your target, and then go long again at the bottom. Otherwise, don't trade on margin and ride it out.

Regards,

Don

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