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Technology Stocks : SAP A.G.
SAP 243.84+0.9%Dec 3 3:59 PM EST

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To: Mike Buckley who wrote (2221)8/11/1998 10:37:00 AM
From: Ibexx  Read Replies (2) of 3424
 
Mike,

It all has to do with timing of this investment.

The claim (made after my comments) was that it was not done before the initial crash. However, records show that even if one invested in MANU a couple of days after the meltdown, the stock had further declined lost.

In investing, one should never catch a falling knife, and a stock which violates its 200 ema (long term trend) is the best candidate for professional shorts--I am told this is the main yardstick they use.

This will be my last note on this related subject.

Regards,
Ibexx
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