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To: Sig who wrote (6049)2/7/2002 8:26:49 PM
From: JUJU1015  Read Replies (1) | Respond to of 13815
 
Sig,
Amen
"cash is King"
I am now a waitress in a doughnut shop.......which is not all bad...new skills and I get to eat.

Seriously, we were all so spoiled. One must work a whole lot harder to gain even a little in this market. Most of my Broker chums don't have a job and still families to support. I personally believe that we are in a "double dip" recession and haven't seen the light .....the little people have just begun to see reality with credit card charge offs, foreclosures, BK's etc.

Recently I read a very timely book called " The Over Spent American" which I would tend to think applies to most of us . It did make me evaluate my life re: "do I need this" so my new home is becoming orgainized. I don't think we really need the three car garages for seldom used toys. The book is very cool as addresses various stages in life and I believe I might be catogized as a "down shifter" which may not be a bad thing. Look at the stuff you have and recycle . I have been amazed at the money I have found with what I considered junk that I took to consignment stores.

After this ramble while I still trade, the angst that exists now makes trading not an every day event. It is a good thing to learn to step away when things are not wotking well. Sometimes retrospective but back to reality a little distance is a good thing and folks do tend to eat those doughnuts!

Maybe we should be exploring,consignment stores , rental stores, real estate, dollar generals, big lots, places hwere folks will always shop. Anybody have any opinions here??

Love to all
Maria Muldair



To: Sig who wrote (6049)2/8/2002 12:13:52 AM
From: stockman_scott  Read Replies (1) | Respond to of 13815
 
A Possible Bullish Scenario...

Message 17032034



To: Sig who wrote (6049)2/8/2002 12:21:24 AM
From: T L Comiskey  Read Replies (1) | Respond to of 13815
 
Sig...yes cash IS King..Im all green...and dont trust this sea sick market
My guys tell me the market worries about Bigger Fish in this ENRON mess........

saw on CNBC that All the major banks have blood on their hands
Law suits have yet to begin
Im sure the secret accounts will Never been revealed...but if they crack into those...look out
T



To: Sig who wrote (6049)2/8/2002 2:04:47 AM
From: freeus  Read Replies (2) | Respond to of 13815
 
Yes sadly I see, cash is king.
I have so much less cash than 2 years, 1 year, 6 months even one month and 1 week ago.
I do have some though.
OTOH: all the stocks I have bought (high value and price to earnings growth) have been profitable since I bought them had I cashed in at the right time.
So I don't think I'll sell any at a loss.
But I'll start selling everything but gac.to (too hard to buy it back) when I have gains.
Sad to give up the dream though, isn't it?
Freeus