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To: RGinPG who wrote (31547)11/6/1998 9:47:00 AM
From: Redman  Respond to of 95453
 
There is an ever increasing chance that bombs will fly over the weekend. World support is starting to come together (not for clinton, but rather of exhaustion) and Clinton needs to continue to look president like. I believe Saddam is pressing Bubba at the precisely wrong time, but we all know he likes to live on the edge. Clinton knows that if he boggles it this time, our country would lose the last shred of world leadership we have left. Therefore, I do not anticipate any town meetings, just a bunch of missles real quick.

red



To: RGinPG who wrote (31547)11/6/1998 9:53:00 AM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
RGinPG; ...can't argue with that in general; but -

Shorting here; with the recent history of volatile spikes - in the face of a huge, huge inflow of cash to mutual funds last week and this week; along with the Fed & OPEC meetings - I see too great a chance of getting ''Squeegied'' or ''Bombed'' (as in Iraq) here.... Cash is such a warm, soft, fuzzy place to be....

PS - there are some PE valuations that are too high; DRQ & CDIS flew of late, but then we have VTS @ PE of 6 and a few other anomalies that are still solid buys, even at todays prices; not many - but they are out there... and YES; margin off a return to these lows (wishfull thinking imho) would be a very good aggressive play.

PSS; hey marc; for someone long - why all the gloom & talk of the shorts being a good call ? The common demoninator I keep seeing among individual investors is if they get ''hit'' by a sector or a stock; that they feel they must ''hate'' that stock or sector for the remainder of their investing lives...? Cold hearted, unemotional, mercanery investing is all most a necessity here. One that ''bit'' you 6 months ago, can be the one that ''rewards'' you today... I see posts like one on another thread, where someone bought a driller at the absolute peak, rode it down half way to the bottom and sold - now hates the drillers for life ? instead of scooping it up again at the bottom (1/2 of what he sold it for) & profiting; he hates it for life - go figure... How many people who had Cisco or Lucent tank & rebound here; now hate them for life ? The emotionality of the individual investor is something to take advantage of imho. TCMS ''was'' one of my biggest losers earlier this year; I have now caught it at the bottom here recently & they break out good news of new contracts and I now expect to make great gains off of TCMS. I have absolutely no problem buying my biggest losers again... but, I don't see this in many others - why ? Once bitten - twice shy; is one thing, but scorned for life ???

C'Mon people - Buck Up !