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Strategies & Market Trends : Value Investing

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To: Michael Burry who wrote (10681)	6/2/2000 4:46:00 PM
From: James Clarke	Read Replies (1) of 78476

Selling aggressively today into the market rally. Rooted again through my mother's mutual fund portfolio looking for anything that is moving as if it owns a lot of technology. I thought I had sprayed for those in March, but I found one large position that had survived. Bye. Also threw in the towel on Homestake Mining. It is just slowly dawning on me that the valuation prices in $325 gold and gold ain't trading at 325. And there is absolutely no protection on the downside if the stock decides it wants to go down again. I've made a few bucks in it - its something I never should have bought. Purely speculative.

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