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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: 16yearcycle who wrote (13491)	10/26/2000 6:25:40 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 24042

eugene, i have no choice but to be bearish on overpriced stuff compared to prospects and relative to alternative investments. i understand the "go go" mentality, but i also understand it has NEVER paid off in the end for 98% of people. in fact, they lose their butt. i don't know how to be the 2% so i don't play with fire. i am most emphatically not bearish on everything. i'm bullish on the cheap stuff - though cheap stuff is definitely in the minority and, as i've found out recently, deservedly cheap due to piss poor management (swtx). i don't recommend anybody go short or long. this market is risky. one never knows when market manipulation ends or accelerates or when the music just plain stops. there is money to made on the long side, for sure. i think it important for folks to see the forest through the trees - NEVER in the HISTORY of the world have the masses benefited long term from a bubble - and this bubble has been the grand daddy of them all. that doesn't mean don't invest. it does mean to make capital preservation the #1, #2 and #3 priorities and to not fall prey to GREED. buying with a plan to hold for a long time is about the dumbest thing one can do near the top of a bubble. sure, 2% win. as i said, i don't know how to be in that 2% and i play the odds. 49-1 ain't good odds, imho. good luck.