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To: BGR who wrote (12283)2/24/2000 6:36:00 AM
From: Oblomov  Read Replies (3) | Respond to of 42523
 
You are sounding like Lucretious, Andrew.

BGR, there is diversity of opinion among the people on this thread. I come here mainly for the entertainment value. So I take umbrage when someone who has only posted here once before blusters about how the thread participants are at the bottom of the resume pile on headhunters' desks across the country. Further, his recent posts on other threads discussed several penny stocks. I thought the comment was appropriate... though not usually my style.

It is sad what the market does to otherwise sensible people.

Are you implying that I am frustrated about the market? I'm about 60% long Nasdaq stocks, with no shorts or puts at the moment. My portfolio was up more than 3% yesterday.

I'd like to point out that according to my models, S&P 500 risk has increased threefold just since the beginning of this year. The yield curve is the primary reason. Note how economists are saying that the inversion is due to "supply and demand" in this case, and is no cause for concern about the economy. As if bond prices are not always determined by supply and demand?

Unlike some models, mine are not prescriptive; risk, of course, can resolve itself to the upside as well as to the downside.