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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: abstract who wrote (37496)6/5/2001 3:01:16 PM
From: RR  Read Replies (1) | Respond to of 65232
 
Hi Abstract! Good to see ya. Been awhile. Sounds like things are going great for you.

Thanks for the market/business observations.

Yes, you are correct. I will not hold those puts long. I'll take my 20% profit and run.

Take care. Beautiful day here.

RR



To: abstract who wrote (37496)6/6/2001 4:37:37 PM
From: stockman_scott  Respond to of 65232
 
<<The signs are there.

I agree that this is a directionless market.
I agree that the economy is not (yet) healthy.
I concur that the market will vacillate for a while (I prefer to view that as building a base).

My experience is that once the foundation is in, construction rarely goes down - it goes up.

And that's were I think we are. Maybe not this month - maybe not this quarter. But the momentary balance between optimists and naysayers will shift to the positive.>>
__________________________________________________

abstract: Thanks for sharing your views...This clearly is a challenging time for companies and investors BUT I believe we will successfully weather the storms and the market will be MUCH higher next year. The optimists will win and its just a question of when..:)

Interesting comments on art gallery purchases. I was just in Holland, MI over the Mother's Day weekend and the gallerys were busy there too. Went to Saugatauk, MI on Saturday with my friend Cindy and the high-end gallerys were doing some serious business. The consumers have NOT totally closed their wallets. It seems like many of them are anticipating that the wealth effect may kick in again <VBG>. Lets hope that's true.

Best Regards,

Scott