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Joe Stocks

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Joe Stocks

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Re: cash2go post# 143718

Friday, 08/22/2003 2:23:39 PM

Friday, August 22, 2003 2:23:39 PM

Post# of 704019
>>>can't see any short term reason not to be 100% long.<<

I think retail got hosed today. The non high profile stocks are being hit hard. The NYSE is showing 21 stocks down for 11 up. And, the nas is showing 20 down for 11 up. The move today drew in retail buyers and the big money gladly unloaded on them. I see every reason not to be very long. I neutral position is best IMO. Personally I'm bearish in financials and homebuilders.

Joe

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