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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: oldirtybastard who wrote (54971)	9/17/2001 10:42:34 AM
From: Oeconomicus	Respond to of 94695

EXPE? Perhaps a reasonable speculation when you made it, but your windfall, or at least the extent of it, is in no way due to your investing wizardry. BAC? Exactly. Buy more. Actually, since I wasn't holding it, it would simply be "buy". In a crisis, cooler heads generally prevail. That does not mean indiscriminate buying, but quality companies are on sale. If I overreacted to your initial post about buybacks, sorry. We are all a little sensitive these days. However, I stand by my positions that 1) even if you disagree with a particular company's buyback, you should not generalize that sentiment to all programs; 2) whether to buy back stock in this situation is and should be entirely up to the BoD of any given company; and 3) the government should not interfere. Bob PS: Accept and enjoy your windfall. I don't begrudge anyone good fortune if not "ill-gotten". Do consider, however, how you can use your good fortune to help those much less fortunate.