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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: NucTrader who wrote (2294)8/30/1998 11:02:00 PM
From: Lucretius  Read Replies (2) | Respond to of 14427
 
Shorting DELL: best investment you'll ever make IMO. It will only go down from here. Hope for a rally to short into tomorrow. I think we'll get one because Hong Kong is down and there are several large hedge fund players that are short Hong Kong and long the US. They shouldn't get any more margin calls tomorrow, but this rally will not last long nor will it go very far. We could begin the crashing at anytime this week. Set your positions and be ready. Remember when this mkt bombs the US economy will come to a grinding halt. Any consumer oriented stocks should be put LEAP'd and held for L-T cap gains.

Be in "for the long haul" ON THE SHORT SIDE! (GGG)

-Lucretius



To: NucTrader who wrote (2294)8/30/1998 11:10:00 PM
From: R. Gates  Read Replies (2) | Respond to of 14427
 
Hey, how 'bout for fun we have a little guessing game on when the DOW will close below 7500. "Never again" is certainly an acceptable answer, though a hopelessly optimistic one, IMHO. I'll start out the game by giving the date of September 23, 1998. Anyone else? I see a few sucker's rallys between now and then. But then there's UGLY OCTOBER...OUCH. We may have a new game then-- DOW at 6500!

R. Gates


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