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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (23464)	9/20/2002 10:15:29 PM
From: Raymond Duray	Read Replies (2) \| Respond to of 74559

Hi Jay, Re: While relaxing, I am concerned about a Middle Eastern country that is defying UN resolutions, aggregating weapons of mass destruction, killing innocent people, and taking their land. I've found it is always best to take the "news" with a huge grain of salt (American expression for eyes-open skepticism) Cf.: Message 18017813

To: TobagoJack who wrote (23464)	9/20/2002 11:27:32 PM
From: pezz	Respond to of 74559

<<, I am concerned about a Middle Eastern country that is defying UN resolutions, aggregating weapons of mass destruction, killing innocent people, and taking their land.>> Now, now don't be so hard on the Israelis .Ihey are in a difficult situation . What would you do? << I eat when I am hungry, sleep when I am tired, and guess what, I play when I play>> Methinks you needa job. << I am reassured that cold market logic still rule and financial gravity is still operative>> Since when does "cold market logic" supersede fear and greed? <<Am I close?>> While I won't pretend to be objective on this subject. I don't think you are close. You paint a scenario of the overall mkt that ain't pretty atall....ya see I need "pretty" in order to do my thing....The depressing thing is that you make a very good case for your argument and I just don't wanna believe it. Having said that I do understand of course that "wanna" does not impress reality....Thus the depression.... <<I know that their share price will go down,>> I'm surprised at you . The truth is we know not if the price of a stock will rise or fall ( except MQ of course)we can only make what we consider educated guesses. Earnings, cash flow etc. ( the lack of ) has not stopped many a stock from being a 10 or hundred bagger.Were mkt conditions more speculative I would be buying this one. It may go up anyway...I'll be sure to let ya know if it does 8^)