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Politics : High Tolerance Plasticity

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To: stockman_scott who wrote (15119)	7/16/2002 12:59:25 AM
From: jim_p	Read Replies (1) of 23153

When the down volume hit 90%, I added a little on margin and then had to leave for a few hours. Ended up with 70% in the SOX, 30% in other tech stocks and 15% in PGO, EP, XEL and DOW. First time I've used margin in over a year. With the VIX over 40 and the down volume over 90% I felt pretty good, but still couldn't watch. My bet is we gap open tomorrow and then work our way back up to 1,500-1,525 over the next 3-4 weeks. More fun to come in September-October. Jim

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