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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: ChrisJP who wrote (62675)	5/7/2002 8:28:20 AM
From: Robert New	Read Replies (1) \| Respond to of 99280

That should be the post of the day <g>

To: ChrisJP who wrote (62675)	5/7/2002 8:33:37 AM
From: Rock_nj	Read Replies (1) \| Respond to of 99280

Somebody on another thread was talking about a conversion that they overheard at a diner this weekend. Apparently, some housewife was talking about shorting the market. Just as a lot of people got burned in the tech bubble a few years ago, a lot of novices will probably get caught short when the market turns around and lose a lot of money. As we all know, the market can turn on a dime. Bin Laden found dead, up 100 points. Mideast peace deal, up 100 points. Strong employment numbers, up 100 points. Strong chip sales, up 100 points, etc. I just hope MaryJane housewife reaslized how risky shorting can be, especially with a market that has sold off as much as this one has.