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


To: GuitarMan who wrote (14946)11/2/1998 5:37:00 PM
From: Joey Two-Cents  Read Replies (3) | Respond to of 18691
 
<You remind me of someone named Nick.>

Mark,

I hope Nick didn't die penniless and in an insane asylum.

Well the Dow broke through 8,700 on its journey to nirvana. AG must have a bad case of heartburn knowing his rate cut sparked the latest round of "irrational exuberance". It's nice to see a market get back to where it was when the analyst were calling for double digit growth.
Who cares if this quarters earnings are down 3.4% there's always next quarter, or maybe the quarter after that. Who cares if Yelstin is dead. Who cares if China and Brazil are going to devalue. Who cares about Japan, the Euro or Y2K.

The Commerce Dept. said the savings rate of US consumers in September was negative for the first time in 65 years. Shop to we drop, buy til we die.

I have another 15 months until my LEAPS expire and 19 months until my gold calls expire. By that time I'll probably be the last bear left here, and the bulls will get me and put me in a museum next to the flat earth society members.

Buy on the dips, buy on the dips, come on everybody buy on the dips.