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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (15226)	12/3/1997 8:40:00 PM
From: Area51	Read Replies (1) of 50167

Good Evening (Morning?) Ike. Thanks for the reply and the sage advice. Unfortunately my present work situation doesn't allow me to monitor the market closely, and thus I am cautious to play options at this time. (Plus I've actually lost money overall on my option plays this year, which has reduced the mediocre gains from my stock investments which reinforces my cautiousness). Also I'm still rooting for the Donald on this one, that this technolgy/Dow divergence resolves in the favor of the technologies. I'm comfortable accumulating technology stocks here. I'm not sure it's manipulation but as long as the momentum traders can all act in concert they can run the technologies up, suck in less astute money, exit in tandem, buy back on the cheap and get ready for the next cycle. Worst case, I think the 1400 nasdaq base from last spring is rock solid and would present an excellant buying opportunity. And if Mohan's right I'll have to put off retirement for a few more years <gg>. Thanks again for all your advice and God bless you, Garry

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