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Technology Stocks : 3DFX
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To: Obewon who wrote (11310)3/23/1999 3:59:00 PM
From: Sun Tzu  Read Replies (1) of 16960
 
OT -- Hey guys why the hostility? First of all, unless you were invested in Dow like stocks or Internets, you would not have benefited from the market's rise. The best gauge of how the average individual stock has been doing is the Value Line's index quote.yahoo.com^VLIC&d=3ms I don't see much of a rise there. So unless you intend to stop picking stocks and buying SPY or QQQ, stop quoting the indecies.

Secondly, new lows have not consistently beaten the new highs over most of the last year or even the past four or five months (how many months is several?). You are confusing the breadth with new low / new high list. If someone here wants to volunteer their web site, I will email him the charts so you can see.

Thirdly, stocks do rebound. Even after 1929 they did so. It is only a matter of when and by how much. Knowing the market conditions can help you to maximize your gains. Otherwise, why bother with boards like this; just throw darts and don't look at the market until you need the money.

regards,
Sun Tzu
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