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Actually, far better advice would be to stand aside when uncertainty
overhangs the market.
Regards,
Mike
----- Original Message -----
From: "Don Roos" <rosewood@xxxxxxxxxxxxx>
To: "The Funkhousers" <funkhouser@xxxxxxxx>
Cc: <omega-list@xxxxxxxxxx>
Sent: Monday, September 17, 2001 10:55 AM
Subject: Re: Avoid what Bin Laden wants?
> Richard:
>
> No one talked about walking in front of a train or other such foolishness.
> I only requested that we all consider hard before we speculate on the
short
> side during this situation.
>
> Don
>
> ----- Original Message -----
> From: "The Funkhousers" <funkhouser@xxxxxxxx>
> To: "Don Roos" <rosewood@xxxxxxxxxxxxx>
> Cc: <omega-list@xxxxxxxxxx>
> Sent: Monday, September 17, 2001 9:51 AM
> Subject: Re: Avoid what Bin Laden wants?
>
>
> An admirable sentiment, Don.
>
> But I would suggest that nobody should ever try to fight the tape.
>
> After playing this game for more than 40 years I can assure you that no
> individual, or even a group of individuals, can force the market to do
> something
> other than what it is already determined to do.
>
> Running out in front of a speeding train with your hand up, yelling "stop"
> will
> only lead to your own destruction. And if you really believe in the
freedom
> designed into our capitalist system, you shouldn't even think of trying.
>
> The markets always return to "real value." We can only speculate that the
> current values are somewhat different and take positions which vary from
> that in
> the hopes of eventually making a profit when "real values" reassert
> themselves.
>
> Sometimes, I too wish it were different, but it isn't.
>
> Richard Funkhouser
>
>
>
> Don Roos wrote:
>
> > Another thing Bin Laden wants besides unification of all of the Islamic
> > peoples under one flag, is for us to sell short tomorrow and in the
coming
> > week. This is a crucial time: don't sell short!
> >
> > I see that Tokyo is down 7.5% from the pre-attack levels tonight, and
> London
> > is down 5.5% from Tuesday. Those figures are not nearly as bad as I was
> > hearing about the German markets. We can certainly contribute something
> for
> > our country and the world by not participating in any selloff. In
> addition,
> > it could be a very dangerous trade with the fed ready to jump in, if
> needed.
> > But please, reconsider any equity short for the coming week. It is the
> > least we can do.
> >
> > Don
>
>
>
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