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To: D.B. Cooper who wrote (8387)7/26/2002 12:06:24 AM
From: pbull  Read Replies (1) | Respond to of 13815
 
Just tells me that still _ even now _ there are a lot of good shorts out there. You know, stocks that aren't cyclical, their business grows regardless of what happens to the economy, etc. All the drivel.
It's interesting to see a handful of the blue-chip names starting buy-back programs again. A guy in Barron's this week got it right, I think. He said the value guys would jump in too early, because we'll overshoot to the downside.
Dow 7550 is no bargain. We'll need to look for some promising upstarts, in my opinion.

PB



To: D.B. Cooper who wrote (8387)7/26/2002 1:00:15 AM
From: pbull  Respond to of 13815
 
Or, to put it another way, a friend of mine, who works in the biz, has found over the years that it's a heckava lot easier to find shorts than longs. Think about it. The market really is like the lottery. There are a few big winners, but the others, once the hype is stripped away, are nearly worthless.

PB



To: D.B. Cooper who wrote (8387)7/26/2002 9:41:37 AM
From: D.B. Cooper  Read Replies (1) | Respond to of 13815
 
4-5 million shares traded on some of the naz leaders 8 min into the trading. Must mean something.