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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (33979)	9/1/2001 6:42:54 PM
From: American Spirit	Read Replies (1) \| Respond to of 37746

You're posting the wrong person. I'm not buying any of those stocks. Although they'll probably be a lot higher in the future. And congrats if you shorted in August. Just know when to say when and you'll be fine. Might even be one of the few to need tax loss sales this year. gg

To: 2MAR$ who wrote (33979)	9/1/2001 6:48:34 PM
From: besttrader	Read Replies (1) \| Respond to of 37746

Do you know why I didn't short? Do you remember in May and June when earnings were coming out and all the stocks went UP after bad earnings and warnings? Most stocks gapped down a little, then ended the day up 5% after warning! Some stocks opened up in the first place and went higher when there earnings were HORRIBLE and warnings even MORE horrible, then they said "it was already built into the stock". That kind of environment with stocks going up after bad earnings and warnings is what kept me from shorting. Back then they were PRICING IN a 2nd half recovery and so I guess that's why they made all those loser stocks go up after bad news. I wonder if now, all of a sudden, that particular psychology will come back again, and they will say that there will be a first half 2002 recovery? That's what scares me. Wish I had gone short. Oh well.