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To: Dale Baker who wrote (7504)6/14/1999 4:44:00 PM
From: JSBRead Replies (1) | Respond to of 118717
 
CHRZ sold off at the end of
the day. Down 7/8s on a
1000 shares, that was most of
my loss.

OTOH, that's one I don't worry
about coming back.

I'm gone tomorrow afternoon so
I may wait till Wednesday to nibble
a bit. Nothing significant, just
nibbling.

Either way, I figure tomorrow and maybe
Wednesday are down as investors sell
to settle calls.

PROG and IMCL were up a bit today, but
overall, of 120 stocks in my portfolio and
on my watch list, it was 10 to 1 down.

I have seen the NAZ down much more but
still have better breadth than today.

Not quite enough volume for capitulation,
though. Expect tomorrow to be UGLY.



To: Dale Baker who wrote (7504)6/15/1999 6:31:00 AM
From: Aegis_61Read Replies (1) | Respond to of 118717
 
Dale,

"The lesson to remember now is the next time we have a good run and everyone is feeling fat, time to take some 100% profits and step aside. "

A lesson that I know well, but always seem to forget to apply. Do me a favor, remind me next time <g>. I took about a 3 - 3 1/2% beating yesterday which I was kinda disappointed with but it could have been worse.

I was thinking about adding to my AOL position here. What is your opinion on the best way to do that? More stock or maybe options? I have limited experience with options but on stocks like AOL, CMGI, ATHM (all of which I like at these prices) that have high costs, perhaps options would be the most cost effective way to hold them.

Thanks,
Aegis