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To: Danny who wrote (110962)10/23/2000 3:44:59 PM
From: GST  Read Replies (2) | Respond to of 164684
 
Danny: This is a bear market. And this is probably a bear market rally -- or maybe the end of the bear. That is the issue. I believe it is probably not the end of the bear. But bear market rallies can be a big and tradable. There are big risks in this market. But there are also stocks I want to own. I think we could see heaven and hell. But I also think that owning some stock can be a smart move at this point -- even if this is just a tradeable rally. I still would advise caution -- meaning that one holds a good deal of cash. But the balance point between forces is to close to call so I feel I should be owning something. Do keep in mind that the only moves I discuss on this thread are speculative plays. If you really are the buy and hold type you probably would not be here.