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Technology Stocks : Dell Technologies Inc.

DELL 133.20

+5.7%

Nov 26 3:59 PM EST

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To: divvie who wrote (64021)	9/7/1998 7:56:00 PM
From: Eddie Kim	Read Replies (1) of 176387

I remember a story a public policy professor once told me: Back in the 1980's when Ronald Regan was President one General reported to him that they had discovered that the Russians had a missile that the U.S. was previous unaware of. The U.S. knew of the Soviet SR-19 missile (I'm making the name up) and the SR-20, yet the new missile that the U.S. had discovered had capabilities between SR-19 and SR-20, yet was code-named SR-21. Regan in his infinite wisdom replied, "I see...the Russians named it SR-21 to screw us up." The General replied, "No sir...we gave it that name." The point of my example? Don't worry about the definition...worry about why the market corrects 20%. Furthermore, the market just doesn't go down 20% for no good reason as your examples are trying to claim. If it did...20% wouldn't be the defining percentile. Clear enough for you?

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