To: energyplay who wrote (48145 ) 4/7/2004 3:00:14 AM From: TobagoJack Respond to of 74559 Hi EP, <<TLT>> I encountered TLT before and it was a pleasant experienceMessage 19265537 <<September 2nd, 2003>>Message 19502877 <<November 14th, 2003>> <<if you think the FED won't increase rates>> ... I am not sure what to think these days. On the one hand I think the rates need to stay low or go lower given that I believe the economy is not well, ... OTOH, I think the USD should drop, given all the problems with it, and kick interest rates upward, ... the thought of real inflation is ever present, ... On second thought, the USD may rise, given all the short positions on it, and knee-cap the interest rates, ... On flip side, the volatility may simply first take out one side of the unbearably heavy equation, and then turn on the other side of same, So, I remain more or less motionless, less or more happy with each passing day, as the day passes. See, unlike CB, I do not know what will happen. I merely point out the possibilities and my suspicions, and then display my aggregate summary in terms of buy/sell/holds, attempting to mislead no one other than perhaps myself. CB said she bought shares and refi-ed her abode, then presumably she is net long shares, and abode, and short the dollar cash, just like the majority, and as I had noted before, the market will always take out the majority, and may still take out the minority. The market, alarmingly, doesn't actually care in what sequence it takes out the players, as it announces, "Game Over, Player #1", and then moves on to the next hit. The market moves, sometimes fast, and yes, standing still makes me nervous, but at this time not as nervous as moving blindly and fearlessly. There is no null position in the game, and we can not break from the game. Chugs, Jay