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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (32887)3/18/2003 2:01:38 AM
From: stevenallen  Read Replies (1) | Respond to of 57110
 
Makes perfect sense to me Jorj - I'm still licking my wounds from this squeeze so I'll need to be more patient than usual, but all the piggies were flying today and you know that just can't last forever. It feels a bit weird to focus on making coin given the state of global tensions - My heart goes out to all involved in this impending conflict, and I send a wish to the heavens above that all the innocent ones are spared.



To: Jorj X Mckie who wrote (32887)3/18/2003 3:46:13 AM
From: Dana Johnson  Read Replies (1) | Respond to of 57110
 
I got long too early trying to play the wiggles but between friday and monday I came out ok... I decided to leave some profits to others and moved my 401k funds to money market. I did buy some march puts though to keep my tension consistent with my caffeine level. I think we get a lot of trading opportunities this week!



To: Jorj X Mckie who wrote (32887)3/18/2003 7:46:08 AM
From: Techplayer  Read Replies (1) | Respond to of 57110
 
Jorj, I completely agree with you and with that commentary. In the meantime, the goal is to keep from getting squashed by the train. I ended up covering all of my short positions yesterday. I have GFI as a long term hold at this point. I will add to it if it drops back below 10.

The housing industry came out yesterday and said that it was slowing.

The PPI has to come into play here soon. We can't continue to ignore the massive spikes in costs.

Jobs are not being created by this war.

My biggest concern will be in sentiment towards the US when this is done. This has to go smoothly and we have to produce the evidence that we have refused to disclose.

We may be looking at the shorting opportunity of a lifetime in the very near term.



To: Jorj X Mckie who wrote (32887)3/18/2003 9:03:46 AM
From: MulhollandDrive  Read Replies (2) | Respond to of 57110
 
i agree with the assessment that once the war is resolved the focus will turn back to economic fundamentals, i don't believe i have ever stated otherwise.

what i did say was that i felt we could get a rally before then that would make last oct/nov look tame.

i also think oil hits the mid twenties before it goes to forty.

and of course this all assumes a quick military victory with little damage to the oil fields.

what are we.....down to 36 hours and counting now?

we'll know soon enough



To: Jorj X Mckie who wrote (32887)3/18/2003 9:49:34 AM
From: PuddleGlum  Read Replies (1) | Respond to of 57110
 
But the media have not completely misrepresented the possible effects of a war with Iraq. Even Bob Pisani mentioned something about 4 weeks ago that sounded like it was a script that you had written for him. He said that many people are looking through the war, rightfully thinking that the market will go where it's going to go.

So, you're not alone. Bob's keeping you company (as well as a number of others that I've heard or read).

BTW, I jettisoned my TXN and AFFX just before the close yesterday. Now there's more money looking to buy some dips somewhere in here.