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Non-Tech : Auric Goldfinger's Short List

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To: Sir Auric Goldfinger who wrote (832)11/29/1998 7:34:00 PM
From: RockyBalboa  Read Replies (1) of 19428
 
AG,

the idea is amazing. It may raise questions about the sustainability of longer term upswing of internuts, and whether people are able to justify a scenario consistently in that the internet industry will not drop (besides the most frenzied forward revenues calculators, thanks to TMF).

Some more detailed issues here:

-The "look-back" period is?

...that makes these things fall 40% in a week?
or
...The five names that combined that would need to be down 40% from their peaks...

So do you mean:
The stocks should lose 40% from a traded high to the traded low within a sliding one-week window on an individual or joint basis.

Or should the five stocks be off 40% on average (price or market cap weighted), from their historical (recently set) peaks on a certain point of time (here: week).

-Reasons: Can the reasons for the drop be selected individually for each of the stocks or should it be restricted to a "major-disaster" event, concerning the industry as a whole.

-Percentage: Why did you select 40%, not 25% or 30%? Do you attribute that to the steeper gains and higher volatility, so that even values up to 25% can be treated as market correction, but 40% for the big issues as bear market?

That will help the people sit down and think about their investment style on a longer term basis.

C.
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