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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: accountclosed who wrote (37270)11/23/1998 8:38:00 AM
From: Skeeter Bug  Respond to of 132070
 
roq, we agree. what i meant by principle was a macro view. i'm not in cash b/c i think the market will go up more but i don't want to take part in the cash orgy b/c greenie is a jerk. i honestly think the market will go down and the risk/reward sucks at this level.

having said that, i own a lot of long positions (i want to sell half but some are too cheap relative to potential to do so right now). not b/c the market is cheap but b/c those companies are cheap. i am afraid that the "shoot 'em all and let god sort 'em out" mentality will crop up again...