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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: FLACK who wrote (44261)	9/20/2001 9:36:43 PM
From: bcrafty	Respond to of 100058

FLACK - a rally tomorrow? At the naz? Good idea. Since they can't get a rally going inside the naz, then they might as well have one outside on the steps. Maybe they could also have a pig roast; there's still a few left out there. I was sorry to read about dr. b's dad. People ask me about diversification, and they always ask me about investing in mutual funds. After the usual asset allocation speech I've been telling them to stay in cash right now or, if they insist, take a look at the bear funds (see my last post to stan). Bears might not be cute as a stuffed teddy bear, but those returns might make you feel all warm and fuzzy. Hope you've had a good week. I took a licking early this week on some old longs until I cried "no mas" Tuesday afternoon. Then I did the patriotic thing and shorted my recent favorites. I say patriotic because if I continued to go broke holding onto my longs I wouldn't have any money left to buy American products. And that's really what it's going to take, because military conflict or not, until the bottom line improves for many companies then there won't be a recovery until well into next year, if even then. Until then I think I'll try to enjoy some safe sledding in the market. Lately I've seen many stocks with interesting charts, but because they have such thin volume, I've been unable to short them, like those high-flying security stocks that doubled on Monday. Didn't you think yesterday afternoon's rally was weird? I heard warplanes were being dispatched and I thought "oh no, now we're really gonna tank" but instead we rallied on what seemed to me to be reverse logic. I later read that the logic behind that relates to when the Desert Storm planes took off it signaled the beginning of the end of the 1991 recession. Unfortunately, I don't think the market will be so "lucky" this time.