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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Al Serrao who wrote (12738)10/24/1997 5:26:00 PM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Al- read my letter to Mohan just poted- you can see for yourselve that techs have been slaughtered and the tendency is to overshoot but market resistance of this fall is just great. I have dinner apointment otherwise I would continue singing.



To: Al Serrao who wrote (12738)10/24/1997 5:30:00 PM
From: Nemer  Read Replies (1) | Respond to of 50167
 
Al:

-----> This has the look of another sector rotation.

Wish you hadn't said that out loud.......gggg
Now the visiting (occasionally) bears are gonna say bad things about the bulls inability to cope with reality and going into denial and other bad things and here I am in your corner unabashed.

I AGREE WITH YOU .
I AGREE WITH YOU STRONGLY.
I've trimmed my portfolio somewhat and repositioned a few but my stocks are up nicely this week.
The" flight to quaility" that is being talked about not only includes bonds but quality eqitites of all natures.
There is a whole world of stocks out there besides tech.

A while back Cousin Ike asked for suggestions of "buy and sit on for a while". I still stick by what I proposed then------DRG and RUT.

Now, I guess, I'll have to be prepared for the onlslaught of derision.
ggggg

Regards----Nemer