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Politics : Idea Of The Day
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To: Riskmgmt who wrote (19775)9/1/1998 4:24:00 PM
From: Lee  Read Replies (1) of 50167
 
Hi Ray,..Re:Ohhh you are too humble.

No, not humble, just a greedy pavlovian dog who has learned to buy the dips! LOLOLOLOL Honestly, it's just as Ike says, fundamentals rule and anyone who has been following the market knows that it's seldom to get a chance to buy the likes of CSCO at a 15% or more discount. Also, although the media doesn't give credence to this, most ordinary investors have at least the general knowledge that investing in long term in quality stocks far outperforms bonds or any other safe investment.

So if we know the economy is strong, and if we know that the fundamentals of well managed companies haven't changed in the last two days, who wouldn't be buying?

Lucky guess,

Lee
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