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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Eric who wrote (49946)3/13/2001 7:50:21 PM
From: Monty Lenard  Read Replies (2) | Respond to of 77400
 
It was july 1980 before the indices recovered to the level they were in 73 and this time the bubble was much bigger and more participants. I have spoken with 400+ people in the last 30 days who are just average investors(and no I am not a broker VBG).

They have not sold but some are wanting to badly with the majority saying that if they can get CLOSE to breakeven they are out. That will create a huge overhead and you can bet the crooks on ws can't carry this market.

Our problem is that we tend to judge others by our thoughts and emotions when we are way ahead of the average person in this market.

The other problem is that I think the public is becoming very aware as to how crooked this game really is(again based on my conversations with these clients). I am in no hurry to buy because this one is different. :-)

Monty



To: Eric who wrote (49946)3/13/2001 10:55:54 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 77400
 
Eric, please let us know the stocks you bought and held during the 1987 crash.

Phillip Morris? Schlumberger? EastMan Kodak? Avon? Digital?

How did these stocks perform in the 90's?

Lastly, why do you expect the next bull market to have technology drive it when no bull market in history has been led by the same stocks as in the previous?