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To: Lizzie Tudor who wrote (13169)7/18/2004 1:59:48 PM
From: im a survivor  Respond to of 13815
 
That is pretty much what I have been doing....nothing.....sitting 50% cash, 50% vested, writing some calls, debating whether to sell or go opposite route and maybe put some money to work in some whacked down stocks...and then just wait.......my fear is aside from the false economic recovery, election and etc...I just think terrorists are going to hit us again...hope I am wrong, but I think it will happen eventually...when that happens, I want cash to BUY, so not so sure I want to put cash to work right now....maybe better to stay 50% vested and wait for right buying opp's down the road.....



To: Lizzie Tudor who wrote (13169)7/18/2004 10:36:24 PM
From: Sig  Read Replies (1) | Respond to of 13815
 
Have been looking a chart to see if market is setting lower highs and lower lows.
I dont see it yet, in May the Naz was 18 points lower than yesterday.
But we have an obvious cycle going of about 2 to 3 mos,
and I would guess we are at or close to the low but not much uppage seen after that- maybe to 1950 or 2000 area in Sept.



finance.yahoo.com^IXIC&t=6m&l=on&z=m&q=l&c=^GSPC,^DJI

Sig



To: Lizzie Tudor who wrote (13169)7/19/2004 8:53:18 PM
From: Boplicity  Read Replies (2) | Respond to of 13815
 
sounds like a normal market, ,,,,, but I bet the old rule of 10% gain a year of the long term is out the window for 10 years or more. Unless of course we get the Zeev disaster.

Greg