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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: Peach who wrote (9771)	7/21/2002 10:41:14 AM
From: Petrol	Read Replies (1) \| Respond to of 17639

Message 17769234 I've been listening to a lot of the news shows. On TV the analists and others say this is the buying opportunity of a lifetime and on radio they're saying that these corporations need some serious slicing in prices and that people should be sick of the manipulations and fibbing. I don't like Abby Jo much, either wink I'd like to get her at a dinner party (unless she uses troughs instead of plates) and ask her a few personal questions gg

To: Peach who wrote (9771)	7/21/2002 12:28:26 PM
From: Jorj X Mckie	Respond to of 17639

I really can't believe that these people have jobs. There are real economic reasons to be selling now. Do these bozos forget their own catch phrases? The reasons for what we see happening right now will all come to light in 6 months or so. I sat down with my BIL yesterday to explain my bearishness. I used the example of people taking home equity loans to pay off their credit cards. He said, "wouldn't that only work if after they paid off their credit cards, they cut them all up?". I said "Bingo", that not only was that correct about the credit fiasco that individuals are in right now, but that that was the same concept that was at the root of the business world. I think I created another bear.<GGG>