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Increasing Volatility in the High Flying Stocks Is Dangerous
So far in January, the high flying NASDAQ stocks are showing huge price swings.
Yahoo!, for example, has been at a high of $500.125, and a low of $313.50. that's a 63% price swing.
Likewise, QUALCOMM has seen a monthly high of $200, and a low of $110.5625. That's a 55% price swing.
Investors should fasten their safety belt - or get out of the car!
Source: Wall Street Journal, January 31, 2000
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