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To: Salt'n'Peppa who wrote (2823)7/27/1999 12:48:00 PM
From: Sir Francis Drake  Read Replies (5) | Respond to of 10027
 
Wow, all the support - thank you everybody. I'll do my best - and BTW, let me clear up one thing - I am not a NITE bear. Short term, pain, long term gain.

Stocks never go only down or only up - looks like we are having a bounce right now. I hope we can close positive. If so, my joy will be limited by my conviction that short term, some selling is still inevitable, but at least the worst is over (the fall market might be trying again).

Morgan



To: Salt'n'Peppa who wrote (2823)7/27/1999 1:38:00 PM
From: Jazz102  Read Replies (1) | Respond to of 10027
 
Why not have your cake and eat it too? Sell NITE if you have profits in other stocks that you have taken, wait 31 days, chances are NITE will not have advanced much, and buy it back. That way you get a tax deduction and can participate when it finally starts to regain some momentum. I've done that with several temporary dogs ( or should we call them sleeping beauties?)
JAZZ


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