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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Warpfactor who wrote (15824)8/5/2002 8:17:09 PM
From: Gottfried  Respond to of 23153
 
Warp, you won't regret the house you bought and losing some of the money in the market was a real possibility. I have a second 'house' in Alameda - my sailboat.

G.



To: Warpfactor who wrote (15824)8/5/2002 9:04:56 PM
From: que seria  Read Replies (3) | Respond to of 23153
 
Warp: about the market and housing...
No question you made the right choice buying a house! Only if your stay in the Bay Area is meant to be short, which I don't pick up from your posts, would it be a "good thing" to trade quality of life and (what is crucial) your wife's happiness for a greater stash of cash. Approximately 99% of the (married) women I've ever heard on the subject would never prefer cash over their own hearth. The others were probably lying to please their husbands.

As to the markets, you've done that tightrope act for a long time, as you say, but at least you got to set out your own net and pick when to fall. My money is mostly scared money, compared to guys like you, Zeev Hed, jim p, et al. I had my remaining long (trading) positions stopped out Thu-Fri, and have since been stopped out the better way on some short positions. Felt naked without more so I added TOL, PHM, DHI, and CTX today to go with last week's DIA and GS.

Still, I prefer to be a buyer. When I (think I) see a turn and go long, among the first stocks I'll look to buy (subject to chart reads) are BEAS, SEBL, GNSS, CHKP, XLNX, PMCS, RFMD, NMTC, TXN, QCOM. If that turn doesn't come or it craters, I'll wait for North American natural gas plays, which I expect to get cheaper as storage fills by October.