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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (35467)	5/24/2000 10:41:00 PM
From: LLCF	Respond to of 42523

<I need to find some. Got any ideas? I am feeling naked with out any. > Exactly my sentiment.... I refuse to ever sell 'em all, I burn some of my profits every expiration... believing it's worth it. Anyway, check the SPX poots.... I think they remain very reasonable, and someday these silly cyclical/bank/food rally has to end, it's just rediculous that they're buying this crap 1.) at the end of a huge economic expansion 2.) while credit spreads are widening like nuts. It's clear to me from reading the drivel coming out that the only reason anyone is buying this stuff is to 'park their money in something safe', it's thoughtless on the part of clients and almost devious by the brokers making sure to keep the clients in stocks. 10 years ago auto companies were losing money hand over fist, the average auto was 8.5 years old, and that was the bottom. Now every jerk as 2 new cars [don't know the average age [anyone?] but it's probably about 2yrs old AND the economy is leveraged a-go-go! What are they thinking? DAK