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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: pz who wrote (13408)	2/13/1998 6:29:00 PM
From: Nemer	Read Replies (1) of 53068

Cuz: You are imposing a difficult task on the traders...... Buy and hold.....for a LONG time ---- months ...... I can only imagine the mental anguish that Ron is dealing with.....ggg In opposition to my feeling that the market is going to continue an upwards path, I submit the following two stocks in a SHORT position.. Phelps Dodge---PD--- next few months don't pose to be favorable to this copper producer Caterpillar----CAT--- Asian problems are going to cause this one to revise estimates PD has production difficulties and a copper price that is creating havoc CAT was up today on the news that the strike was settled--- my feeling is that the union settled because it could tell that the ongoing monetary problem in Asia was going to create a slowdown in production Seems as if I can recall that you made the rules to allow short positions. If not, that's OK. I'm usually on the back side of the world anyhoo....... that's my submission SHORT PD CAT Regards---Nemer

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