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To: PAL who wrote (2258)	12/3/1998 5:49:00 PM
From: HECTOR RUBERT	Read Replies (1) \| Respond to of 4903

CNBC are all BEARS!!!!!!!!! First they say we need Greenspan to cut rates to stimulate the economy. So, he does. Then they say, hey does he know something we don't? Are we in worst shape? GEEZE!!! Today, EUROPE cut rates across 11 countries in a surprise move. CNBC's spin? Oh! Is EUROPE in worst shape than we thought? Markets TANKED!! Think about it! EUROPEAN markets closed higher. Why? Because they know this is a good thing to their economies. So, why do we tank on such positive news? US TRADERS HAVE TURNED BEARISH and are just looking for excuses to justify their positions. Whether is EUROPE, JAPAN, BRAZIL, DAYTRADERS, ELNINO, JERRY SPRINGER, or LATOYA JACKSON it doesn't really matter. What matters is that the world is coming to an end the DOW will go to 5000, MSFT will spread a virus that would paralyze the e-world, and those damn internet stocks will still be there. I really hate BEARS. Shouldn't they be cozy in their caves by now? Hector

To: PAL who wrote (2258)	12/3/1998 7:06:00 PM
From: Sabrejet	Read Replies (3) \| Respond to of 4903

How correct you are when investors believe they have become "great" stock pickers. I try every time to take a profit, on every trade. There are many times I leave a boat load of points on the table but just as common is the fact I miss many a train wreck by doing so. All those here who say they bought at 12 or 15, well, that's great! But name those stocks lately that were at 12, took off, then returned below 12. ONSL could have that happen, who knows??? Those who bought above 50+ bought so thinking the stock wouldn't go to 39. They rationalize, cost average etc... until finally, something does happen. Either the stock moves north, they sell out or they hold until the tax consequence is beneficial. I don't ever wish bad fortune on anyone and their investments. I don't have all the answers. I know sometimes I'd rather be lucky than good. Question: When the futures were getting hammered last night, I thought if I was long, how the heck would I get out of this mess? Well, there is a God and thanks to that and the fact the European's dropped the interest rate, stocks went up and then retreated. Did anyone see that as an opportunity or did most get filled with greed again? How many times will that happen? I have been in cash for a couple of days so I was fortunate ;) sz