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To: Kelvin Taylor who wrote (34030)10/28/2001 8:36:38 AM
From: Ron McKinnon  Respond to of 53068
 
>>>or if the signs for recovery don't materialize as quickly as the "experts" say then what happens?

actually there are very few who are saying the recovery will be "fast'

>>>you know as well as I do the best defense of capital in these market conditions is trading

I agree 100% although I like most others took tooo long to completely adjust to this

>>>do you really plan to hold a stock that runs say 50% in a week or two?

f**k no
lets be serious, if I get anywhere near 50% in that time frame I'll run for the hills
and short the sucker

Kelvin, 80% of the longs I have are small % positions and well diversified
I will hold the vast majority of them
but may well trade around that core position

and don't get me wrong
I would just love to see a fast 10-20% fall from here
but do not see it in the cards without some serious external event
and another WTC would not be worth any amount of stock profits I might make