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To: limtex who wrote (19091)12/3/1998 8:58:00 PM
From: Valueman  Read Replies (1) | Respond to of 152472
 
limtex:

You need to calm down! I see you are also posting disaster posts on the G* thread. The S&P futures are down only .30 on Globex, Australia is up, New Zealand is up, Japan is down a bit. Jump out the window if you must, but you'll be alone.



To: limtex who wrote (19091)12/3/1998 9:19:00 PM
From: Sawtooth  Read Replies (2) | Respond to of 152472
 
Good luck to you, too, L. You might be right and I wouldn't be the least bit surprised; see my last few posts. But I still wish I would have had the titanium gazinkas to jump in back when it looked like the bubble was bursting a few months ago. I could have bought some Csco for $42 ($76 today), Lu at $54 ($90 today), Noka at $55 ($101 today), Ericy at $15 ($25 today), Tlab at $32 ($56 today), G* at $8, Lor at $12, even some of the Q at $38. No guarantees it will happen again but if I'd have had the Kevlar skin to move at that time, I'd likely be retiring today!

As marginmike said, some judicious hedging isn't a bad idea, IMO; spreading it around a little. I'm closing on a tidy little piece of income RE in a coupla' weeks and doing some home improvements that I've been looking forward to. If the bottom falls out of the market, at least I've got some well selected hard assets and a nice home to live in. I think I'm going to want some (likely soon to be) dirt (or should that be "shale") cheap oil production stocks pretty soon; just a hunch. From sat's way high in the sky to oil deep down in the ground; now that's diversification! ; )

Regards to you, L.

For those seeking to increase their personal paranoia level only:
Message 6675944



To: limtex who wrote (19091)12/3/1998 10:01:00 PM
From: Sawtooth  Respond to of 152472
 
*OT* If it gets to be too much, go to this link of outdoor webcams, pick a spot in the world from New Zealand to Oahu, imagine you're just getting up in the morning and you're looking out the window thinking about how you're going to spend your day; the market being the most distant thing from your mind. Kinda' fun. ;)

members.tripod.com