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Technology Stocks : Rockwell-Spins off Conexant (CNXT) -- Ignore unavailable to you. Want to Upgrade?

To: MeDroogies who wrote (1950)	11/13/2001 11:35:15 AM
From: David W. Taylor	Read Replies (2) \| Respond to of 2013

MeDroogies, the dope is mostly in agreement with you except for your main point. The Bear hasn't really started yet. This is just a vigorous Bear Market rally. The exact same thing happened in 1930. Bear markets have length as well. The main Bubble was the last five years of a 20 year Bull. We have just had the first 18 months of a Bear that could last as long. More likely the Bear will be around 5 years or about a quarter of the preceding Bull. The psychology behind the Bubble has temporarily returned. People are ignoring any quantity of bad news and bidding up some stocks to the same type of insane heights. NVDA comes to mind. The current 50% gain for CNXT is probably a good profit to take at this stage. It is basically a basket case in an industry segment that is starting to fade. We ain't seen nothing yet... By the way, why am I the dope? I was the only one on this rabid board to get it right.