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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (13521)9/7/2001 12:17:29 PM
From: Amit Ghate  Respond to of 19633
 
As always, your thoughts are very much appreciated.

Thanks,

Amit



To: Tom Hua who wrote (13521)9/7/2001 12:37:33 PM
From: Druss  Read Replies (1) | Respond to of 19633
 
Tom--I just got back from a tour of the Med.
I spent two weeks in Italy, Greece, and Turkey.
I had only one major long when I left, IMCL. It was gracious enough to go up around 7 points. I was utterly and completely away from the market and enjoying it. Now that I am back though I reckon it is back to work.
MWAV has behaved like pretty much everything else it would seem. I was surprised to see how much it has dipped. I think I may pick up a bit of it. My vacation kept me from doing so earlier so now I get the bargain basement price (at least I hope so). I do have a few concerns though, it is below the $5 point and dropping off of many institutional radar screens, LU has it by the neck as far as providing it a market, and I think the NAS goes lower.
I said over a year ago we would see NAS 1200 before a recovery. I still think so. What do you think this might do to MWAV. (A agree fundamentals always win out, but this is like picking strawberries after all. You want the sweet juicy ones on the bottom).
All the Best
Druss



To: Tom Hua who wrote (13521)9/7/2001 12:59:28 PM
From: Paul A  Read Replies (1) | Respond to of 19633
 
Tom- RBAK about to break $3.. people are throwing in the towel on everything finally..

its a shame I dont have a single short.. but not trading anything either.

Did buy a long term MWAV just now but I guess who didnt : )