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To: Nemer who wrote (9274)	10/29/1997 4:06:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 17305

"Just reread my post, and the intended attiude was not beligerance." Although I do take exception with whatever dictionary you bought at Barnes and Noble I was not, nor have I made it a practice to, dispute others thoughts on the market unless pushed. That is to say....I have my opinion and others have theirs.....I do never want to get into a shouting match over emotional preferance, as this is not important.....(Read....Impotent!) I rarely take others posts as belligerent. I just went thru a small war on RealTraders with someone that they ended up booting off the forum. The discussion was a waste of time. This discussion is not a waste of time. At least not from where I type. To attempt to answer your question, I think.... I find the overall SI reaction to this market pullback a tad too giddy for an auld guy like meself. Anyone who has seen my posts for the last year or so would probably consider me to be a bit of a gunslinger... Now here I am in cash and the rest of SI is margining.... ....Eh, What's up Doc? Maybe I am an idiot. I support my family on this crap, have for years.....I usually think it's fun....but if I'm wrong I'm in cash and can catch up. If I'm right-------the reverse is not true. Kevin knows I don't trade on trend lines. As I said....I got the market well below 6000 in less than a week. But if I am wrong, I do not get hurt in a cash position. You may believe I have opportunity cost, but because I do this full-time for a living opportunity cost is a different issue for me than it might be for someone who has a paycheck coming in each week. None of this is an insult....to you or anyone else....I have not been insulted, either. I have danced around SI for the past week and my impression is that the site has many subscribers that could not know the consequences of a serious market turndown.....hence the speculative fever on this site since Tuesday morning. Be that as it may....I will live to play another day. I hope you will, as well. --Pat