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Re: [RT] STK: CSCO and Bear Mkts



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Or the nifty fifty in the 70s

Timothy Morge wrote:

> Chris:
>
> I admit to being one of the "longer in the tooth" traders around here, but
> I wasn't around in the 20's or 30's...
>
> BUT...
>
> I believe you saw the same thing in the radio related stocks and you can
> draw parallels, at least in terms of possibilities, of some of the major
> internet firms of the past few [not the dotbombs...things like Csco, for
> example]...
>
> I am too busy trading and finishing taxes today to pull out long-term
> charts on radio-days stocks...but that would be the likely analogy, I'd
> guess...
>
> Tim Morge
>
> At 04:39 PM 4/3/01 +0000, you wrote:
>
> > >
> > > mmmm most likely not.... and your point is?
> >
> >
> >My point is that the Naz is made up of much more speculative, less
> >financially secure companies than is the Dow today or was the Dow in
> >the 20s-30s.  Those finding comfort comparing the Naz decline to the
> >30s Dow decline (" compared to the largest declines of all time it
> >has to be over soon") I fear will be disappointed.
> >
> >Chris
> >
> >
> >
> >To unsubscribe from this group, send an email to:
> >realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> >Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
>
> To unsubscribe from this group, send an email to:
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>
>
>
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