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Politics : Idea Of The Day

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To: Tom Trader who wrote (15449)	12/10/1997 8:56:00 PM
From: Jerry Olson	Read Replies (2) of 50167

TOM I think calm thinking and prudent care under these current market conditions reigns supreme...I would think that by Apr 98, we will begin to see whats ahead for the balance of the year.. I am not taking any positions in ANY stocks at this time...The fall out in Asia is simply at the very TIP of the iceberg.. And TT, only the BEARS, like ICE!!!<g>... I know I am a perma bull..but things are begining to unravel rather quickly...JPM???? WARNS???? Not good my friend...A bellweather DOW stock of that magnitude??? I would wait for cheap & cheaper stock prices on down the road... After eps in JAN when stocks REALLY bottom, then will come the buying frienzy, with pent up dollars just waiing to pounce on those long forgotten downtroden stocks we know and love...TECHS??? not on your life... Yeah yeah I know, but my bones say NO WAY NOT NOW!!! I'm keeping my green in my jeans for the moment... My Regards, Jerry

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