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Pastimes : Home on the range where the buffalo roam

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To: Walkingshadow who wrote (11253)	3/6/2001 11:01:01 PM
From: Sam Sara	Read Replies (2) of 13572

I think Naz is very hard to read here, another reason to hold cash. Calling it a casino is to dignify it, at least in Atlantic City the dealers are not rigging the game. The red flag for me right now are the old economy stocks- their charts are, shall we say, unstable. Take a look at the financials, for example. Take a look at KO. The tinder is in place, all we need now is a match to light up the S&P/Dow. IF we get that fire started, we could have a conflagration. Forget rotation, money will just leave the stock market. I think anyone buying tech for the long term here is either crazy or so smart that they are not wasting their time reading these boards <g>. JDSU/INTC stuff, who knows how market will respond. We are so oversold that it is a set-up for buying the bad news, which will be a positive feedback loop, creating "the bottom" for the nth time. Manipulate the futures and the open, and if the fish bite, let the line out..... Cash remains attractive.

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