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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Logain Ablar who wrote (9945)	1/8/2001 8:35:31 PM
From: Bosco	Respond to of 30051

Hi Tim - good to hear from you. Yes, I am still highly leveraged. Today, I almost broke down and sold something so I could maintain the psychological buffer zone. Then, I realized my broker has made enough money off me that it could give me a call if and when necessary. So, I spent a productive day at work instead :). With regard to the new administration. Maybe you are right. I don't know. It seems that different people have different agenda [see the post I made earlier, Morgie and ISI etc were spinning theirs today.] So, I am an equal opportunity skeptic :). I ve argued with my colleagues that job report would be worse b/c a lot of layoff might happen after the new year simply b/c the employer didn't want to be the one to steal X'mas, if they could manage it. And you are right, auto is a concern. That said, while I am quite ignorant in economics, I understand expectation is a component of most econometric models. In psychology, there is the self-fulfilling prophecy. How much effect it has on the outcome is purely academic. I tend to believe there is some truth to it. One thing for sure, I ve to retract one of my ignorant comment made in another thread [I do that a lot <SG>!] The choice of Mr O'Neill as Treasury Secretary may be a good one after all. So, from the perspective, a brownie point for the new administration best, Bosco