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To: kash johal who wrote (55969)	9/21/2001 1:20:08 AM
From: tejek	Read Replies (1) \| Respond to of 275872

What's your expectations on the market. Are you long or short right now? Kash, are you still short? Just checked all the Asian markets...everyone is down. At one point the Nikkei was at its lowest level in 17 years. I think the only thing that will calm these markets is trading under the current conditions over time until people find a degree of comfort. I don't see any other way to make the situation more palatable. With Desert Storm, the military could project victory at some point in the future. This time its a very different war and a reasonable projection can not be made. I don't even think shorting stocks is an alternative except on a very short term basis. These sharp oversold bounces are killer to shorts. In some ways, its not surprising that one of the best markets in history is followed by a very bad one. ted EDIT. Actually, its the Naz stocks where I think shorting is pretty much done. With the NYSE stocks, I think there are a few stocks that are still shortable.