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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: ecrire who wrote (6128)	8/21/2007 5:32:48 PM
From: jim_p	Respond to of 50549

I agree that it never pays to be a perma-bear. Stocks will always have a propensity to go up and a cheaper dollar will ultimately make US stocks cheaper. I also agree that as a rule you should never fight the Fed, but the Fed has gotten itself in a box and it will be interesting to see how this all plays out. That being said you can make money in both directions and there is a time to be long and a time to be short. I always take profits on strong down days and add back to shorts after several up days. Time will tell if this was a good time to be short or long? Jim