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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: nspolar who wrote (15640)	7/12/2002 10:48:06 AM
From: nspolar	Respond to of 36161

Home builders and consumer cyclical shorts have been most interesting and at the same time frustrating. They have split personalities, with their one day defensive and the next day hated character. Real hard to judge the lead/lag. I have not taken a loss. I had a couple I sat on due to bad entries, closed them out recently for small but decent gains. And now the consumer confidence index comes in and they drop some more. We're seeing real signs now that the consumer is going to roll over, pretty hard, in the future months. If we get a little rebound here, these along with financials are gonna be real juicy, for the next slide down. This bear market is indeed a bear. Give me one more chance baby!