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To: Susan Saline who wrote (15609)8/4/1998 5:07:00 PM
From: Larry S.  Respond to of 53068
 
Serious: -
I think the odds are great that we will see a vicious sell-off in the next few days. Ralph Ancapora's speaking on CNBC of the weakening of the Dow stocks, Fidelity Funds publicly stating that they are seeing fund withdrawals, on top of the terrible advance decline numbers, new lows, and stock market action of the past two weeks leads me to conclude that it is time to head for the hills. did a lot of lightening up at end of day, still holding some trading positions, that were way oversold BEFORE days drop. either too stupid or too stubborn to bail on these. Don't have a dow number in mind as support, enuf other people will. but i do think that 8200 will be history soon and hope that mid 7000s hold. Sorry to be so bleak, but i do not make these statements lightly. I lived thru and survived 1987 and this sure is beginning to smell like that. I do not think it is a time to try and catch falling stocks, even quality ones, let the dust settle and redeploy on the second or third sign that things have stabilized. good luck all. larrry



To: Susan Saline who wrote (15609)8/4/1998 5:24:00 PM
From: Nemer  Read Replies (1) | Respond to of 53068
 
SweetSue:

as I get around my favorite threads on this slow laptop ........

------> Ya mean TUMS isn't a part of everyone's daily diet?

I would suggest that you use something that is produced by WLA or PFE to alleviate distress, so as to assist this ol dummy ...... gggg

additional message to the oil field bum and the smelly fisherman .....

regretfully, I've not been able to access email and my SI logon has been so slow that I've not been posting to you both .....
that is not to say that you've diminished in my esteem ........
au contraire ......
on the top of my list of guru idols -----
are
Paul and Ron (alpahbetically arranged ...... gggg)
shorts are probably still in effect and all longs are wiped out ......
you both know what I mean .........
but
I do know how to short as I've had more experience in the trading of same ........... ggggggg

the sole reason I left off Mar, you, and Tina off, Sue, is that there is a completely different list of "better" guru idols who are of a different gender ............ VBZGGGGG

Regards ---- SlowNemer