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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.47

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Nov 28 4:00 PM EST

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To: Joan Osland Graffius who wrote (20001)	7/13/1999 11:30:00 AM
From: Haim R. Branisteanu	of 99985

Joan, no kidding, <G> Now seriously I have a friend who is a certified gambler. He took a $250,000 loan from a Swiss bank and pledged Japanese stocks as collateral. That was in summer of 1997!! For obvious reasons we did not discuss how his investment is doing. Last October he took another $100,000 loan and bought more shares mostly Sonny Now he is bragging that he is up 15% after interest expenses and want to wait out to 30% profits. Go figure. Haim

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