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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: James Strauss who wrote (11431)	4/20/1999 12:27:00 AM
From: Robert Rose	Read Replies (1) of 99985

James, you certainly do sound bullish, even to a bull who saw his winnings increase 20 times in 15 months. needless to say, i have seen my portfolio decrease in value 40% in the last week. at any rate, that is still far greater than it was a year ago. so give me 20 fold and then take back 40%. i can handle that. Have the fundamentals on the inuts changed in the last week? no! has anything changed in the economy the last week? no! is this just about stock market volatility and even big boys manipulation? yes. i remain a firm believer in the life style and economic revolution the rise in these internet stocks demonstrate. i am holding them, even on margin, because i cannot again afford to take my profits and face the sort of alternative minimum tax i faced in 1999. FWIW. Regards

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