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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (6916)3/7/2001 7:38:11 PM
From: Bocor  Read Replies (1) | Respond to of 19633
 
>>The markets shrug off bad news only because the expected news have been fully discounted, simple as that. >>

If that's the case, curious why CREE is down 5 AH...they have been downgraded twice already this week?



To: Tom Hua who wrote (6916)3/8/2001 12:03:43 AM
From: Kevin Podsiadlik  Respond to of 19633
 
Tom, points well taken, and yet...

I can't shake the feeling there's a psychological impact built specifically into YHOO. I remember well when YHOO showed its first profit and thus "proved" money could be made off the Internet.

Maybe the market is fully prepared to face up to the possibility that even YHOO's success might have just been a product of the dot-com bubble. But it just doesn't feel that way to me. Hope I'm wrong.


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