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Strategies & Market Trends : REXI is jumping up! -- Ignore unavailable to you. Want to Upgrade?


To: Bill Murphy who wrote (65)8/26/1998 9:52:00 PM
From: Panita  Read Replies (1) | Respond to of 83
 
Kudos to the shorts on a great day....

What a ride down from 30. But why does Mr. Pink talk in 3rd person; Is he related to George Constanza of Seinfeld?

I am Glad that I wasn't long in the 30's. But I have bought a few speculative shares here and this is why:

A) If the Off Wall Streets allegations were true, REXI's management would have shut up. Not in a million years would have they put on a conference call inviting attention by SEC or future legal action.

B) If you read between the lines on what was said in the conference call you can disern that REXI top guns are preparing something. Management is Pissed Off. A contra-attack is likely being prepared and this amigos can take more than a just few days to get legally Kosher.

C) Bought a few here in the 15's since this is the price which served as a long time base for REXI before the run up to high 30's started earlier in the year. It may break intraday but IMHO it is good base.


Again Kudos to the shorts WHAT A GREAT COUNTRY!



To: Bill Murphy who wrote (65)8/26/1998 10:40:00 PM
From: LTK007  Read Replies (1) | Respond to of 83
 
brka was down 105 points today,I don't think buying share or shares
in brka would let me sleep at night--more and more I am liking plain cash.Max90