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Strategies & Market Trends : Action & Options- Taxikid plays

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To: tcarnes who wrote (3823)2/18/1998 11:06:00 PM
From: Druss  Read Replies (4) of 4339
 
TJ--I am afraid it is your call.
Bombing Iraq isn't real popular with many of our allies (unless we were to nail Saddam) so the market may react badly to Isreali stocks. EDUSF is a good company and I should have gotten back in. I kept thinking of the paper losses I was taking when the Palistinians were throwing rocks. The only time in my investing career when I got to see the 'Buy when there is blood in the streets' quote to be taken literally. I liked the real money I made when I sold it but it did have its 'question my sanity' moments.
EDUSF is a wicked mover. Small float and it will shift around a lot. Watch out for a market bid. With good news it will be spectacular for a while. Timing may be difficult. If some bad news comes in (like war) you will get a taste of it on the down side.
All the Best
Druss
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