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To: Tradegod who wrote (74738)	8/19/1999 6:26:00 PM
From: Eric Wells	Respond to of 164684

>>Wrong day for that! Tradegod - I could write volumes about the days I've been wrong. As is evident from my posts, I have bearish view of the market - and especially on net stocks. Note, however, that I have no positions in any stocks or derivatives at the moment. Up to a week ago, I was regularly shorting the nets. However, I covered my last short the day before the PPI release - and have been biding my time. Since I can't bring myself to go long any of the net stocks, I'm waiting for an appropriate moment to start going short again. However, these stocks are so volatile and so unpredictable that I think there is just as a good a likelihood we see a rally tomorrow, as a decline. I will probably continue sitting on the sidelines for a while longer. Thanks, -Eric