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Re: punkle post# 65576

Thursday, 01/16/2003 1:38:15 PM

Thursday, January 16, 2003 1:38:15 PM

Post# of 704019
>>>Bearmove, funny that almost exactly when you posted the advance / decline phenomenon, we started tanking. Will you be clown short going into IBM and MSFT earnings tonight based on this?
Thanks for the valuable input.<<<

I'm not short IBM nor MSFT. I did short a few other techs on Wed and will continue to hold. Its my opinion that any postive MSFT spin will be over shadowed by the negative global events. Its also my opinion that consumer spending will fall off a cliff for Jan. I would maintain a very defensive posture here.

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