CRAWFORD PERSPECTIVES

CONSULTING CLIENTS

Feb 13 2003

THIS IS IT! ARE YOU READY?!
INCREASE TO 200% SHORT, USING FULL MARGIN!

Our recommendation is for Maximum Shorts going into the long weekend of Feb. 15-17, as very nasty and mean astro-sky patterns urge maximum of Caution in a dangerous and explosive atmosphere.

We recommended going to MAX-Short in the Feb. newsletter, implementing the increase on February 13.

Some of those moving to heavy short positions may wish to buy some Insurance, by buying some out-of-the-money index Call Options.

We very rarely mention Options, as that is a formidable and tricky trading vehicle, but can be quite useful as an Insurance mechanism, limiting losses if our investment strategy is faulty.

From the looks of the sky on Sunday, we are convinced that Saddam Hussein will attack US, whether we attack him, or not! The element of surprise could enhance damage inflicted on troops in Kuwait or Turkey or he may just throw everything at Israel, in a move for martyrdom.

Our government and press are hyping us into a frenzy, here, at home, and we may very well be a target for a frustrated and hostile minority from outside.

We predict a strong upside shot for OIL, GOLD and CRB Index, culminating on our first market day next week, and we will actually SHORT THEM THERE on the 18th for a pull-back of possibly a few weeks.

We will not go Long stocks, unless we get a Full Capitulation on Tuesday, and then only for a Trading basis, as the Bradley Model continues lower into mid-March.

We are disappointed that we have had so little rally, as we were expecting for 2-3 days into the 13th, but at least a momentary POP for the last hour, has given us a better environment to to increase our Shorts!

May the blessings of heaven rest upon us...


Arch Crawford
520-577-1110 or 1158
CRAWFORD PERSPECTIVES
6890 E Sunrise Dr #120-70
Tucson, AZ 85750

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