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


To: gpowell who wrote (1955)11/13/2001 1:31:18 PM
From: David W. Taylor  Read Replies (1) | Respond to of 2013
 
We have gone below the lows of Aug 1998 and bounced back up. If I had held my positions that were liquidated, I would have seen a potential loss at the recent lows.

My basic thesis here was to suggest that anyone, who has a profit in CNXT at this point should take some profit. The stock is an extremely weak one in a commodity sector, where times are rough and likely to get rougher.

The expanded thesis, when questioned, is that we are in a Bear Market rally at the start of a longish (5+ year) Bear Market.

Deflation is on its way and much worse is to come. I find it fairly amusing to see people accusing me of name calling and rock throwing, when, in fact, the exact opposite is true.