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leon

01/18/03 10:06 PM

#66410 RE: Ace Hanlon #66401

George, i agree totally and believe any subsequent rally emanating from positively perceived iraq related events will be unsustainable, short-lived and therefore s/b sold into. LEON

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chainik

01/19/03 12:27 PM

#66449 RE: Ace Hanlon #66401

<With everybody (bulls and bears) expecting an iraq relateded rally, the odds of a substantial rally from thse events look mightly slim unless the market is really decimated first>

Totally agree with you. The point I was trying to make (actually, it's Fleck's point) is that should we tank within a few weeks, it may be a good idea to cover and to reshort after the lovefest (national pride: we are so good at killing unarmed people - let's put American flag on every SUV) is over.