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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?


To: im a survivor who wrote (11288)9/18/2003 9:38:17 PM
From: DaYooper  Read Replies (1) | Respond to of 13815
 
I'll throw out an opinion. Nothing more -- just my guess.

There is a bunch of $$$ on the sidelines that is sitting like "a deer in the headlights" and cannot believe the momentum behind this market. They await any opportunity to get in at first chance of any selloff. So I believe sellers will soon find buyers and there will be no major selloff.

All the economic news has been positive and each piece seems better than the last. Topping it off Greenspan's greatest concern stated earlier this week is deflation. So interest rates will remain low into the foreseeable future.

Up Up and Away. But then I'm always a bull and an optimist so don't put too much $$$ on my guess.

Rory



To: im a survivor who wrote (11288)9/19/2003 8:32:04 AM
From: D.B. Cooper  Read Replies (1) | Respond to of 13815
 
Opinions?

We will be selling the rest of the stocks today.

I had the high right about here on the NAZ (1920) close enough. Selling just about everything, even your beloved PTSM. WMT AMGN KKD all going or gone. Most of the high beta stocks we have been unloading lately.

we might keep COST it has been a dog and might turn out to be an ANTI MRKT stock if the market tanks. Going to keep a 1/2 position in TMWD got that at a 1.5 now at 5.2 and put in a order for another 10K at low 2's

I really have to lock in these profits. Pigs get fat hogs get slaughtered. I don't care if it goes up another 15 pts or 300 You can always make money. The down side risk is so much greater right now then the upside

Firing up the motorhome in the next day or two for parts unknowned. Penni and I will be gone for five months this time. Start heading south, Yes the annual migration of the snowbirds has started. Might make central Mexico, Maybe.

Our rule has been two straight days of rain and move on.
will try to stay in touch from internet outlets.

Good Luck
Don and Penni