Trading the markets..... Message Board

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Pastimes : Trading the markets.....

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To: GROUND ZERO™ who wrote (4486)	6/15/2001 5:17:46 PM
From: robert b furman	Read Replies (1) of 4583

HI GZ, You don't know how glad I am to hear you say that. I did some buying while peering into the abyss this morning. I now am officially into the dreaded world of margin. I figured a good shakeout like this is worth a little leveraging up. GULP So far my stocks have popped up into what appears to be a consolidation. Although they all have retraced - none of them have dipped below the pivot point. It really is an excellent entry point, that I think will yield profits after we struggle thru this warnings period. Statistically speaking the NAZ has been down six days in a row (S&P also). So its sort of like betting on black after 6 reds. At least we get a bounce. Next week Oracle announces earnings on Monday -I've got a good position in that. Most of the major Electronic Contract Manufacturers ( Jabil Solectron etc) also announce - so we have the opportunity to see real earnings rather than all these confessional pre-warnings. I hate these time periods they are stressful every 90 days. Should be over by July 10 - need a rally for my birthday (27 th). Funny thing over all the years a rally occurs, but its usually over by then. Have a great weekend. Bob

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