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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Ploni who wrote (5634)	3/27/1998 11:08:00 AM
From: clochard	Read Replies (3) \| Respond to of 18691

The market will crash when the big boys decide to cash in their chips and play golf. This could depend on the weather or other factors. Being rich means nothing if everyone else is doing well; to enjoy riches, others must be poor. A real honest to god crash is needed so that they may buy up everything for pennies on the dollar.

To: Ploni who wrote (5634)	3/30/1998 12:29:00 AM
From: craig crawford	Respond to of 18691

<< Of course, if the guy on t.v. was smarter, he would have pointed out that the credit card float is only if you buy a product or service. If you get a cash advance, they immediately start charging their 25% interest, compounded hourly, or whatever it is. >> If he was even smarter he would immediately use one of his other 10 credit cards (no annual fee of course) to pay off the 1st card. Then he would use the 3rd card to pay off the 2nd, the 4th to pay off the 3rd, etc. This would buy him plenty of time to make a decent return in YHOO so he could pay off his original cash advance. Any holes in my theory? <g>