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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?

To: KevinThompson who wrote (12375)	3/28/2003 9:54:14 PM
From: moufassa7	Respond to of 13660

I think we may be very close Kevin. I've been adding shorts during the little rallies the last 2 days and am now using the margin lever. Tuesday's ISM release may be the trigger. IMO. I'll use a break above 1400 as my cover point, but I feel a big dump lies ahead. Time will tell.

To: KevinThompson who wrote (12375)	3/29/2003 12:27:21 PM
From: paret	Respond to of 13660

Chastened Rangel Backtracks on Anti-Troop Comments Newsmax.com ^ \| 3-28-2003 \| Carl Limbacher newsmax.com Engulfed by a firestorm of outrage over his comments suggesting that U.S. troops were deliberately killing women and children in Iraq, Rep. Charlie Rangel, D-NY, said Friday that he should have been more careful with his words. "There is no question that if I had a chance to reword that, that I would have done a much better job," the embattled Democrat told nationally syndicated radio host Sean Hannity. Appearing Thursday night on Fox News Channel's "Hannity & Colmes," Rangel had complained, "I just don't believe that you bomb women and children in order to enforce [the U.N. resolution on Iraq]." When challenged on his claim that U.S. forces were killing Iraqi civilians, Rangel responded sarcastically, "You're right. They're shooting themselves. They just don't know they're being liberated." Although the mainstream press ignored Rangel's outburst, NewsMax.com's initial report on the episode along with viewers' reactions to his remarks ricocheted throughout the Internet. By Friday morning the Harlem Democrat's diatribe was topic number one on talk radio. The nation's top radio talker Rush Limbaugh began his show excoriating Rangel, calling his comments "undiluted, pure, 100 percent, thoroughbred hatred from the Democrat who would be Chairman of the House Ways and Means Committee if the Democrats were in charge." He then replayed extensive audioclips from Rangel's Fox News Channel appearance. Hours later a chastened Rangel appeared on Hannity's radio show in a bid to clarify his statement. Under intense questioning the top House Democrat was combative at first, maintaining for 15 minutes that his words were being distorted. But then he finally relented. "I have no argument with your statement that our men and women that are in combat put themselves more in harms way by the precautions they are taking to avoid the injury to innocent people, innocent civilians and women," he told Hannity. "There is no question in my mind that I did not say nor did I mean that the injury of the women and children was deliberate." The antiwar congressman then attempted to revise his words: "What I wish I had said is that I am against the war, that the war is because of the violation of the United Nations resolution, [and] that I wish that we allowed the United Nations to enforce the breach of that resolution. As a result we didn't do it, we are in war, it means combat, it means collateral damage. "And as a result of that, the pain is not only the pain that our men and women are facing. But they are [sic] the pain of innocent people, that although not deliberate, bombs fall on them. Many times it's the bombs of the Iraqis that fall on them as they're shooting at our planes."