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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (16898)3/16/2002 10:51:36 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hi DAK, I am actually HOPING for the exact same magical outcome, full robust recovery from a recession that never was but is over, so that I can speculate away merrily without fear of life-changing disasters.

I suspect some of us on the thread, presumably the majority, would be suspicious if we chanced upon a copy of tomorrow's WSJ today, because we are such seemingly devoted bearish doomsters.

Here is to high interest rate. Growls and Chugs, Jay



To: LLCF who wrote (16898)3/17/2002 6:09:18 AM
From: elmatador  Read Replies (1) | Respond to of 74559
 
<<one is selling their stocks despite values>> This people are acting against their interest. This has more to do with psychology than anything else.

See, (I use telecoms because is a sector I have a little knowledge) if they have sold NT and LU back in April last year they would have not been locked inside the closet of the sinking Titanic.

quote.bloomberg.com

But they stick with their shares even though its is going lower and lower. They prefer the losses at the psychological hit that they have lost.