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To: martin001 who wrote (68712)3/17/2003 11:20:19 AM
From: The Freep  Respond to of 209892
 
I have a problem with that, too, martin, but there has been rally talk for sooooo long that it is bound at some point to be right. Also, naz has now rallied 8-9% or so from the lows before the war, so the "buy when the war starts" idea won't be as profitible.

Look, if I had to bet, I'd say today marks the end of this up move. But I don't have to bet, and I won't. Freeplet and Freeplet2 have no comments, as they're too busy getting to know each other so I'm guru-less.

I also disagree slightly wish something Allan said that one shouldn't let ones gloomy worldview interfere with trading. While that's true on one level, my view of things right now has so many potential grave negative possibilities (N. Korea attacking S. Korea while we attack Iraq? WMD? Terrorism?) in this short term, that, while I don't play them short right now, holding long for any period doesn't make sense to me. I wanna conserve capital, and on THAT I know Allan and I agree.

the freep



To: martin001 who wrote (68712)3/17/2003 11:45:29 AM
From: Perspective  Respond to of 209892
 
See my last post. It's buy-the-rumor, and it will elicit a huge sell-the-news response. The trade is to wait for the news, or try to guess where the anticipation rally fails and sell it near those price levels.

BC