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Strategies & Market Trends : 50% Gains Investing

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To: JSB who wrote (24691)	4/13/2001 2:17:26 AM
From: Dale Baker	Read Replies (1) of 118717

It was a great week on the long side, halving my YTD losses and beating the Naz pretty handily with a balanced portfolio. I will be happy if it keeps up. But the comments from the "other" Dale in the next message are worth considering too. For now, I am pleased the market is reacting well to mediocre earnings. One theory is that we already saw capitulation so the massive selling on every uptick is over. Or maybe not. I won't overbalance either way until we see where we are headed. Options expiration next Friday will probably take us up some more, with all those rookie puts out there to be vaporized.

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