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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Wowzer who wrote (1402)	3/12/2001 1:05:02 PM
From: ItsAllCyclical	Read Replies (2) \| Respond to of 23153

Betting on a little bounce as well, but will probably sell any gainers before the close. Bought EMC, GLW, ORCL. Noticed ARBA as well along with SUNW and AMAT. Maybe I'm letting greed get to me...we'll see. Still plan on holding my gold LT though. We're not out of the woods yet by any means.

To: Wowzer who wrote (1402)	3/12/2001 1:31:48 PM
From: kodiak_bull	Read Replies (2) \| Respond to of 23153

Rory, We're back to 1988, the end of the Reagan era, my how time flies (backwards and forwards) when you're playing Who Wants To Be a Naz Millionaire. This game is not for the timid, though. We still have 2.5 hours left to regular trading. It's a trader's market (now that's an understatement). Whoops, in the time it took to type, we're back in 1980, the beginning of the Reagan Era, the hostages have now been release--whoops, now it's 1979, Jimmy Carter's the (M.E.O.W. moral equivalent of war) president, the national malaise is endemic, pandemic . . . Hold tight. On the oily side, most that I watch or own are getting a market facial, with the exception of FGH. To me, it's still pretty easy money from $3.35 to $5~6, a 50-80% gain for those with a streak of the gambler to them. And, at sub $5, if you've got the cash, it's probably not a bad bet.

To: Wowzer who wrote (1402)	3/12/2001 2:03:28 PM
From: Tommaso	Read Replies (3) \| Respond to of 23153

I would like to point out again that one can buy LEAP puts on the Dow that expire December 2002 at a strike of 140 (14,000 Dow) for, right now, about 28, or $2,800. I am holding several of these, and with my short position in SPY and the BEARX in the IRAs, it makes a day like today a lot more comfortable. I mention specifically the Dow puts (symbol YDXXJ) because they seem such an extraordinary value even now. To buy any more I would have to go into a savings account that I don't use for speculation, or else sell some energy stocks that I want to hold for long term gains. But if the energy stocks get dragged down along with everything else, the Dow puts will more than make up those losses.