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Strategies & Market Trends : LindyBill's Ballroom -- Ignore unavailable to you. Want to Upgrade?


To: OZ who wrote (18)9/29/2001 4:25:46 PM
From: LindyBill  Read Replies (1) | Respond to of 248
 
We create "If/Then" scenarios

I am ready to learn, Oz! My thinking at the moment is that the market is going to continue to get bad news, both economically and Politically, and that we will be flat to down 200 points on the Naz.

I think we will continue to get warning after warning from a lot of our favorite Tech stocks this coming month. Any Terrorist attack will have a major impact.

Our successes, if any, on the counter-terrorist front, will not be of the "D-Day" type. No "economic miracle" is in sight.

With no reason for a sustained upturn in sight, I have bought BEARX and USPIX, Bear Funds, for my tax sheltered account, that I cannot short in. I think I can pick up 20% or better on them in the present flat or downturn market.

The main difference with me now is that I am ready to "trun on a dime" at any market change.