Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Barbara Barry who wrote (16467)	4/15/1998 8:32:00 AM
From: Richard Mazzarella	Read Replies (1) of 94695

Barbara, I bought Usra around 9000 expecting a severe correction, but current market action suggest that's a mistake. People are dancing in the street because Compact made a penny. Where is sensibility? I may sell my Ursa today, but I wouldn't go anywhere long the general market (Nova). Maybe keep that money in cash, earn a solid 5+% and wait for a crash to pick up babies thrown out with the bath water as people sell to cover margin calls. When the whale's heart stops, then buy my Usra back. Too conservative?

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