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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chris who wrote (8252)	5/31/2001 12:25:56 AM
From: TechTrader42	Read Replies (2) \| Respond to of 52237

i didnt short qqq on this pullback, but will be ready this time. I noticed that you said you went to cash, and I assumed that meant you hadn't shorted it. I was surprised when I read that, to be honest. I thought you would have bagged that one. I thought you were seeing the same thing I was seeing. Can't remember the exact day, but you seemed to have it nailed. Why didn't ya go for it?

To: Chris who wrote (8252)	5/31/2001 11:31:06 AM
From: Paul Shread	Read Replies (1) \| Respond to of 52237

Good comments, Chris. For the fun of it, I did a little reading on RCA last night, the Cisco of the 1920s. At its peak in 1929, it had a PE of "only" 72, well under Cisco's peak. It also never got back to its old high after the 1929-1932 bear, and was finally acquired by the company that had launched it, GE, in 1986. Unfortunately for RCA shareholders, GE sold it to Thomson Consumer Electronics a year later. Not saying anything of the sort will happen to Cisco, but it sure is interesting how projections of endless growth played out in RCA.