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To: Earlie who wrote (109284)6/18/2001 10:51:40 PM
From: AllansAlias  Read Replies (1) | Respond to of 436258
 
Disagree Uncle,

Greed would keep shorts buzzing over these bodies. It's probably early just now, but things will be horrific enough there soon that they can probably nearly double before they resume the line of least resistance.

Cheers.



To: Earlie who wrote (109284)6/18/2001 10:53:20 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
<<Safer to short the bounces, I suspect.>>

Yah, I suppose you're right. Whenever I get the urge to get serious long, I remember that most investors who got wiped out in the 30's got nailed trying to get long the (so-called) bottom in '30-'32. Much easier to buy t-bills and the odd DELL or FNM put.


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