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To: M. Frank Greiffenstein who wrote (163)10/12/1998 3:36:00 PM
From: Savant  Respond to of 283
 
My intentions are long term, I am in free and clear with cash in my pocket. So my moves will be different than others might be. It could easily go back to 7.00 -7.50. If Yeltsin falls down, I bail. But thanks for the advise.



To: M. Frank Greiffenstein who wrote (163)10/13/1998 7:02:00 AM
From: Savant  Read Replies (2) | Respond to of 283
 
Hangin' 9 1/8 anyhow. When a stock has risen 147% while the Dow was trying to make up its mind, it was certainly over due to pull back. To have held above the previous day's close wasn't too bad at all, especially bucking serious resistance levels. Guess what I'm going to do if it does go to the seven range..yup, buy more. But, hey, what do I know? Here's some interesting reading.

An interesting book written a few years ago. With foresight.
amcity.com

An apropos quote from the review.

"This detachment of morals and money is common in the late stages of an investment mania. The force that restores the underlying link between moral and investment values is known as a bear market."
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Russia: a telecom market study
 http://www.intl-tech.com/ftp/russia.html
Best, Savant