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To: 1podstock who wrote (8570)3/7/2003 1:54:46 PM
From: gsp6181  Respond to of 10157
 
Well stated. That is what is so great about what we all do - there is something for everyone. Good luck all!



To: 1podstock who wrote (8570)3/7/2003 1:55:33 PM
From: lifeisgood  Read Replies (1) | Respond to of 10157
 
I am talking INVESTMENT point of view, NOT quickie daytrade or swingtrade shorts.

Then please tell me the merit of going long at this time. And please don't regurgitate the CNBC commentator stuff that is total BS designed to part fools from their money.

e.g.,
1)the prices have come down XXX percent and are therfore a bargain

2)the market can't go down 4 years in a row

3)it's only IRAQ that's holding up the next bull market

etc.

The truth IMO is that we are nearer record highs than record lows with regard to Price:Book, Price:Cash Flow, Price:Dividend Yield, you name it.

So please make me your fundamental case for going long.

best...

LIG



To: 1podstock who wrote (8570)3/7/2003 2:06:59 PM
From: lifeisgood  Respond to of 10157
 

lifeisgood..you are welcome. Short away. And in the process of you grabbing $$$$$$ into your bank account, please donate $100 or so to:
American Diabetic Association
Battered Women's Shelters
Adoption agencies

etc.


I have a better idea. Instead of you gambling your long money away in a bear market, why not donate some of it to these worthy charities yourself instead of to the greedy market makers? This would seem the most direct way to get your money into the right hands.

Alternatively, I could short some stock, you could long it, and I'll have to pay taxes on the capital gains before I give it to charity (I don't itemize). Therefore, my idea makes more sense because your money then makes it to the charity and uncle sam doesn't tax it first.

best...

LIG