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To: Terry Whitman who wrote (40014)11/22/2000 7:33:57 AM
From: NucTrader  Read Replies (1) | Respond to of 436258
 
Richard Hahn's view:
>> Be aware that political forces may be using the stock market stress to bring a
quick end to the election gridlock. My personal opinion is that Governor Bush
will be under extreme pressure to give up before Thanksgiving for 'the good
of the country' and to 'save the stock market'. I wouldn't be surprised to hear
the whole situation swing in VP Gore's favor by noon on Wednesday. The
nightmare scenarios of 'adjudication by Congress' will be avoided.Nasdaq is one plunge from a capitulation low. Check my 'model portfolio' and put some cash to work as others are forced to throw in the towel.<<
He goes on to say that both daily and weekly NAZ are nearly oversold at same time and this has always been a good time to buy. I don't share his faith in Bush going quietly into the nite, however....



To: Terry Whitman who wrote (40014)11/22/2000 8:02:14 AM
From: Oblomov  Read Replies (1) | Respond to of 436258
 
Terry, I made the same mistake with GLM. Bought it at 9 1/2 and sold it at 15 1/4. Oh well...



To: Terry Whitman who wrote (40014)11/22/2000 11:21:45 AM
From: Archie Meeties  Read Replies (1) | Respond to of 436258
 
I'm covering some shorts.

BTW, if you don't subscribe to the global financial metldown scenario, there are some layups in some of the late cycle oil service companies.