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Re: Re: [sharechat] ITC. Bottom scratching.


From: Derek Watt <dkw@paradise.net.nz>
Date: Tue, 04 Apr 2000 21:59:10 +1200


Derek,
 I agree with you that this is the best way to go,
however it starts to look pretty scary all of a sudden
when everyone does it.
In relation to this and after the Microsoft shake up,
I sure hope that the bottom doesn't fall out of the 
Nasdaq tonight.
Derek W


At 09:41 PM 4/4/00 +1200, you wrote:
>I do not want sound pessimistic. True fact is, if share has not market
>sentiment it will fall. It is happening with ITC right now. This is a
>trend. If you have lots of money you can average down. The question is
>how far you can do it. As Kevin said you cannot  fall in love with tech
>share. It hurts when stock is falling down. Better jump of  the boat,
>and if you sure that  times changed get back to it. This method is
>healthier and hurts less.
>BTW,  who said ITC touched  the bottom today?
>
>
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-----------------------------------
Derek Watt
http://members.tripod.com/DKWatt/
-----------------------------------




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