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

To: Peter V who wrote (13027)	8/20/1998 6:26:00 PM
From: Amots	Read Replies (1) \| Respond to of 18691

Peter I don't now what the market will do, But as of today I'm long MAGSF and BARR (bomb detection). Other than that I'm 85% cash even in my IRA. Regards Amots

To: Peter V who wrote (13027)	8/21/1998 11:59:00 AM
From: Joey Two-Cents	Read Replies (2) \| Respond to of 18691

Peter, IMO military action offsets the anxiety of the Slickster having to resign therefore its a wash. This market is being driven into the abyss by the collapse of Russia, China, HK, Japan and SA. The U.S. (as in 1929) will be the last economy to collapse. Market is down 273 points this reminds me of the Friday before the 10/19/87 crash. The market was down 110 pts (4% that Friday) before the Monday 508 pt drop. A similar crash this Monday will cause many big houses to fail (derrivative exposure), Fed to lower rates and the sheeple to sh*t in their pants. Therefore if Asia and Europe look bad Sunday night, the Fed will lower rates beofre the markets open Monday and promise liquidity. Yippee we love you Allan!!!