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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Warpfactor who wrote (12279)	2/6/2002 5:49:27 PM
From: Sharp_End_Of_Drill	Respond to of 23153

Warp, I see the same things you do and part of me is saying time to close the shorts and think about a rally to the upside. But, another part of me is waiting for the other shoe to drop. We've got a case of no confidence in accounting standards & auditors, borderline criminal conduct in boardrooms across the country, and an international scene that looks like it's going terminal (Japan, Argentina, etc.) We've also got the who's who's list of bankruptcies and potentials - Enron, Kmart, Xerox, Montgomery Ward, Service Merchandise, Ford?, World Com?, Calpine?, JP Morgan? and on & on & on. If things get really hairy those indicators will probably stay the way they are for quite a while. Sharp

To: Warpfactor who wrote (12279)	2/6/2002 6:18:04 PM
From: chowder	Read Replies (3) \| Respond to of 23153

Warp, according to the Ouija board and my Harry Potter magical stix, the NAZ should be due for a technical bounce between here and the 1750ish level. The stix are not indicating that turn is coming tomorrow, but it is indicating the not too distant future. All together now, let's do a group chant. HMMMMM HMMMMM ....... dabum PS - Someone please give Ray and Steeliejim a "mellow out" pill. No time for political rants right now. The market requires that we focus on business. HMMMMMM HMMMMM ......

To: Warpfactor who wrote (12279)	2/6/2002 6:57:00 PM
From: kodiak_bull	Read Replies (1) \| Respond to of 23153

Warp, My guess is you're going to be early, and I'm going to be late. So here's what we do, you wait halfway between your call and my call and give me the secret signal and we'll both go max margin on stocks at the exact moment we should. How's that sound? Kb

To: Warpfactor who wrote (12279)	2/6/2002 7:46:37 PM
From: pls418	Respond to of 23153

Warpfactor you sound a lot like my wife when you say doggedly holding out for the climax. On a more serious note I may be the only fool left but I bought more WorldCom today in after-hours this thing is way overdone Steve

To: Warpfactor who wrote (12279)	2/8/2002 12:36:08 PM
From: kodiak_bull	Read Replies (2) \| Respond to of 23153

Warp & DB: It's time for my weekly VIX rant. Are we there, Daddy, are we there, are we, are we, are we? finance.lycos.com As everyone can see, this is a 2 year chart. So, the question is, when will the VIX be high (high enough to buy)? Now I add in stochastics (what I'd really like to do is add in Naz and DJIA, but I can't do it with this chart). In any event, you'll see that the stochastics tend to precede the VIX's rise to glory, I think. Also, if I could add the Naz and the DJIA you'd see that the rise of the VIX tends to precede the indices' final bottoming: finance.lycos.com What does this all mean? Well, to me, it means we've got time. Maybe not bundles of it, but we've got time. Time enough to be short before liquidating the short positions, time enough to think long and hard before deploying cash and plenty of time before trying to catch le moment de resistance, the absolutely correct moment to use margin on a beaten up market. Kb