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Technology Stocks : INTEL TRADER

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To: John Harton who wrote (9981)	7/13/2001 4:02:21 PM
From: Berney	Read Replies (3) of 11051

Some times its better not to watch. :o) The Phleet is sitting at 87% cash. What is amazing is that the 13% is holding some $50K of losses. I keep them as I don't think that they can hurt much more. Even so, the Phleet performance is up 23.6% YTD as compared to a minus 8.5% for the SnP as of yesterday's close. Due to some of my garbage B&H decisions last September, the Phleet is still minus 8.6% since 8/31/00, but the SnP is minus 20.4% so I'm not going to cry. Investment math is brutal; when you take a big loss, it takes a lot to get it back. BTW, you mentioned a LL practice the other day. Seems a little late. Is your team involved in tournament play? TB

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