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To: Andrew Vance who wrote (10307)	12/12/1997 9:59:00 AM
From: Trader X	Read Replies (7) of 17305

I hope you're right, Andrew. about this being the "bottom". My experience has been that the most difficult thing about investing is "picking the bottom" of any correction or bear market. I think it would be prudent for MOST investors to sit on the sidelines and wait for a real shift in sentiment on the street before getting the special of the day. The most glaring problem with the retail analogy "blue light special", is that it's very easy to live with a sweater you buy at 50% off retail when it's at 75% off 3 weeks later. You know you still got a good deal. With stocks selling that much less 3 weeks later, you have a very damaged portfolio. And no sweater. I think that averaging down every 10% of this decline for thae past 2 months would pretty much ruin most of the people on SI. I posted a couple weeks ago, that these TECH Corrections this decade have started falling in the second half of ODD numbered years, and turned up the first half of even numbered years, always in April-May. This pattern is consistent since 1990. Best of luck to you Andrew, but I'd recommend that most people reading not follow your lead in this matter. -Kevin

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