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Strategies & Market Trends : Rande Is . . . HOME
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To: Rande Is who started this subject12/9/2000 1:18:55 AM
From: jcoulter  Read Replies (1) of 57584
 
OT I guess I share my alarm with some in this group, but I am concerned with the knee jerk reaction to the Fla court decision. No one has analyzed whether it is correct or not, just criticized because it is not what they wanted. I understand anyone who knows that this decision will have a short term negative effect on their stock, but this is bigger than that . . . sorry. The actual market effect will be short term. Until you actually look and see who is right, I think the reaction should be muted. If the FLA court is wrong, all is back as you thought it was by Tues. To sacrifice the right result, just because you could make more money on one vs. the other is the height of cynicism. The effect of the decision, regardless of the correctness will be short lived. That is a small price to pay for ensuring a right (not what one side thinks they want) result. If you are not 100% long, the cynical should view this as an opportunity. Give the (our) system a chance.
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