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Pastimes : The Big Tex House of Coin

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To: h8_2_b_l8 who wrote (17931)	4/3/2001 5:47:43 PM
From: Jeff	Read Replies (2) of 19297

heres another reason to short CAT or any other dow stock.....the dow is going to 7800... short most any dow stock and you have a good shot at making money..... just like in a bull market.....throw a dart.....cause the rising tide raises all ships..... in a bear.....the tide goes out.....many ships get grounded early.....so you go after the ones still floating.....roll! thats why even with the nasdaq down big.....you could still make some nice money shorting this past week.....because all you had to do was go after the ships who were still floating.....roll!!!!! and the dow will go down in cycles just like the nasdaq.....so the bottom won't come for sometime yet... the old economy stocks will feel the pain near the end of the bear...... first you gotta know that the public is always wrong.....they buy near the end of a bull......and they have been buying early in this bear and getting killed..... now unemployment doesn't seem bad right now.....but thats always the last indicator to rise in a reccession...... so consumer confidence is still high.....but that will change real soon......the public is always wrong.....they are loaded in debt.....the worst of the unemployment is yet to come.....gas prices will be high this summer..... debt...unemployment...higher prices.....consumer confidence won't be high much longer......then you will know the worst is almost over.....when the public finally feels the pain......and thats coming..... thats why dow stocks will be good short targets for months to come......just watch as the dow ships slowly get grounded as the tide pulls out......and keep going after the ones still floating...... thats my plan the next few months.......look for dow shorts.....and play slaughtered nasdaq stocks for bounces.....and play a few penny scum here and there.....roll!!!!!!!!!

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