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To: TARADO96 who wrote (22218)	6/14/1999 11:12:00 PM
From: JB2	Respond to of 41369

Look tarbaby, you don't have to be "great about timing the market" when your stock tanks 50% over a matter of many weeks---there are so many places to logically get out it just boggles the mind. You don't have to write a book, or even read one, to be able to use deductive reasoning and elementary subtraction, and CUT YOUR LOSSES. There is no place for "hope" in prudent trading or investing, leave that to the little blind mice relying on faith and charity. If your mantra is "I'm a value investor" while your profits wash away, then you are kidding yourself because that is one bird in the hand lost, while counting the new birds on the fingers of the other hand. Question asked of some suit on the Nitely Biz report tonite: What is needed to make money in this market? His answer: "Ruthless selectivity". As Templeton says, you can always buy it again: "at the point of maximum pessimism" (as close as you can get) or as George Costanza used to do on Seinfeld, just do the opposite of what you would normally do, then the profits go INTO your pocket rather than out of it. Tax problems from having too much money---now those are the kinds of problems I go hunting for, every day!