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To: kahunabear who wrote (7965)10/7/1998 2:57:00 PM
From: Ilaine  Read Replies (1) | Respond to of 86076
 
Hi, Whipsaw. It really is hard to pass up things today. Keep wondering if I will look back with regret, but, the relentless drumbeat of negative news doesn't stop. I see that some of the defense stocks are up, e.g., RTN.B, GD, TRW. Maybe now is a good time to invest in companies that make missiles? <ng>

Oh, darn. Looks like it's too late. Rats. I had been following defense sector all summer, then got sick, should have listened to my intuition, especially re: Lockheed Martin and Raytheon, look at Lockheed Martin. Rats. Talk about missed opportunity.

quote.yahoo.com

CobaltBlue



To: kahunabear who wrote (7965)10/7/1998 3:12:00 PM
From: Joseph G.  Respond to of 86076
 
<<U.S. bond funds beat stock funds in Q3 - Lipper - Reuters - Wed 2:34pm>>

no kidding! somebody needs Lipper to tell them that?



To: kahunabear who wrote (7965)10/7/1998 4:05:00 PM
From: Tommaso  Respond to of 86076
 
Just keep your eyes steadily on the big picture: book values still outrageous, P/Es still 70% above long-term average, dividends still a third of a decent return. As the "investing" public gradually realizes that they are not going to make any money at all unless they sell and get out, this thing should grind and grind and grind.

The only way I am going to play any bounces is to sell some BEARX after it gets high enough and then buy back in if there's a bear market rally. But this is a day-to-day call (when to do it). I had been planning to take some out of BEARX in my wife's IRA when she had a 25% profit and hold some more cash there, and that 25% profit is probably going to be there by this evening.