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To: ild who wrote (244586)6/9/2003 11:59:15 AM
From: 10K a day  Respond to of 436258
 
dude you got balls to handle a lot of pain on the short side. I don't have that kind of tolerance any more. (After going bust shorting biotech a couple years ago)....fundamentals mean nothing until people get scared. then you gotta go for the jugular i guess.



To: ild who wrote (244586)6/9/2003 5:59:14 PM
From: ild  Respond to of 436258
 
California budget update:

With 6 Days to Go, Budget Talks in Chaos
Republicans have locked themselves into an antitax position while Democrats say they refuse to make more cuts in social programs.
...
Most recently, they used $2.4 billion in federal funds given to the state — money they had not expected until the Bush administration approved it — not to patch up the budget hole, but rather to immediately restore spending to programs on the chopping block.
...

latimes.com