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To: pater tenebrarum who wrote (100523)5/8/2001 12:54:48 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
the problem is that people don't want freedom, because with freedom comes responsibility ... they prefer "rights" and what they are "entitled to."

(The lesson of the children of Israel in Exodus comes to mind here -- set free and they wanted to return to Egypt after encountering one of their first challenges -- they were ready to stone their earthly leaders.)

A good recession might change the mindset in the US, but I have my doubts ...

I have mixed emotions.

I wish that some TL and EV would happen for this very reason -- that shackles might be loosened, but personally, I want to come out unscathed.

Am I a hypocrite? <g>



To: pater tenebrarum who wrote (100523)5/8/2001 3:30:51 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 436258
 
I totally agree but then again, aren't they already doing this? Got Plunge Protection team?

This thing looks like it wants to die so bad but the distribution isn't finished yet. TRIN high all day, this will go our way, it is just a matter of time and waiting it out. I would actually welcome one more push as I hedged my puts with some short puts a few days ago when I saw this was going to take a while.

Good Luck,

Lee