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To: Second_Titan who wrote (94076)8/29/2001 7:42:14 AM
From: Cogito Ergo Sum  Respond to of 95453
 
Hi Quehubo007,

Strange irony that we take little comfort from the harmony of views on this subject :o)

regards
Kastel
a cute and cuddly Canadian



To: Second_Titan who wrote (94076)8/29/2001 7:58:45 AM
From: Think4Yourself  Respond to of 95453
 
Thanks for the feedback all. Guess I am now more comfortable with my buying of positions in the last week and a half. Couldn't figure out how this major swoon is going to happen, and still can't. Am beginning to think many folks who are counting on a swoon haven't thought it out very well. Conditions seem all wrong for it to occur.

Key things I have been looking at lately with stocks are debt and short interest. If debt/equity is low and short interest is high then I have usually been taking a long position. Anyone know of good first tier companies with these conditions?

Short interest for the markets is still at an all time high. All those folks are counting on an October sell off to cover and go long. Many people have also said they are largely in cash waiting for the blessed event. What would happen if the funds start to buy on recovery news rather than sell?

There is one other thing I haven't heard mentioned. What will people do AFTER October? Are they thinking that far out yet? Does anyone think the economy won't recover with all those interest rate cuts and the inventories worked off? Does anyone think there will be a better short term buying opportunity after October?

Have a portfolio right now that will totally kick butt when the economy recovers. I may be two months early, and may not catch the exact bottom, but there is a good chance many prices now are a lot closer than they will be in October. Am going to continue accumulating.

Que, I am still trying to short NG but MM's and Specialists are only filling 100 shares of the orders lately. Have been forced to use AON on the orders.