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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?


To: Bosco who wrote (9967)2/19/2001 6:24:31 PM
From: Ian@SI  Read Replies (1) | Respond to of 14638
 
Bosco,

Sorry to hear that you've gone. Unfortunately, until the economy becomes more clear, there's still downside risk even if Greenspan comes through with more rate cuts by Mar 20.

NT and the sector typically have weak 1st and 3rd Qs. According to Yale Hirsch's Stock Almanac, 8 out 12 years ending in "1" have been up years for the market. I should have paid attention to him last year - there hasn't been a single up year ending in "0" for the S&P500.

Looking forward to 9 out of 13.

Ian.