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To: SliderOnTheBlack who wrote (55914)	12/2/1999 5:28:00 PM
From: Crimson Ghost	Respond to of 95453

Slider: The best way to short the NASDAQ is via USPIX -- the Ultra Short OTC Pro Fund. Moves at twice the speed of the NASDAQ -- both up and down. I bought this prematurely some weeks ago and lost about 12% of my investment by the time I came to my senses and dumped. Would be down 35% if I had held on. But when the NASDAQ breaks for real, this fund will lead all the others. A 20% drop in NASDAQ means a 40% rise in USPIX.

To: SliderOnTheBlack who wrote (55914)	12/2/1999 6:05:00 PM
From: BigBull	Respond to of 95453

Slider, apparently the rotation into cyclicals is already under way - in certain sectors and with big cappers. We could very well see this process broaden out. IMO paper and aluminum cans don't have much to do with Y2K. finance.yahoo.com The patch has a big fat bulls eye on it for the rotation shuffle.

To: SliderOnTheBlack who wrote (55914)	12/2/1999 9:14:00 PM
From: BigBull	Read Replies (2) \| Respond to of 95453

Slider, Show Me The Money This link documents something we discussed almost a year ago, The Great Money Pump of '98 is becoming Boom 2000. koreaherald.co.kr (sorry weather people - this is MUCH more important - weather is gravy) The time for economically sensitive stocks (not just techs) is coming - bet on it. How far this great ocean of cash the world is sitting on will contribute to inflation is not known. One thing IS clear - US rates are steadily rising. Imo, rates have a "date with destiny" at 7%. This will be the catalyst for a real stiff correction in US indices. Plain and simple, no fuss, no muss, no conspiracies, no y2k millenium madness here. The 10 - 15% slide forecast by your acquaintance is very likely. A 6.5% yeild WILL get the attention of all market players and will begin the process. That yield is not too far away. The jobs report coming up may do it. 30+ oil may do it. The US housing stats posted today may help do it. The fed may do it. Maybe all of the above may do it. cbs.marketwatch.com But it will happen. So will the stock correction. But it will only be a correction. Not the Big Kahuna. Why? Answer: No recession. The now booming world economy is getting up a HUGE head of steam. It will take nothing less than a brutal Volkeresque money drain to stop it. The worlds central bankers simply DO NOT have the stomach for that now. Time wise, it's just too early in the cycle. This is going to be an incredible up cycle, just incredible. After this correction, the Bears are going to get the shock of their lives when the 4th qtr earnings come in. They will be shocked and they will be stunned. Then the broad advance to Dow 16660 will begin. Cyclicals will be FULL participants. This phase should top out around '02. My bet is that cyclicals will begin to dominate this phase as their earnings will blow away the big caps growth boys. The rotation into cyclcals will be steady and continuous. Thanks to your recent post on the SSB report we KNOW that CAPEX will be huge in this energy cycle. The independant E&P's are going to put big time pressure on the Majors to get up off their dead and dying behinds, and get on the CAPEX stick. Unless of course, they wish to pay through the nose to build their projects. If they do wait then ALL their cost cutting will be for nought. Who knows? Some may even cease to Majors anymore. <g> Exactly, precisely when the rotation back into the patch will occur, the markets will tell us. Hey, maybe YOU will tell us. I'll be perfectly pleased to play Bob Griese to your Larry Csonka of "the perfect season fame". It'll be a 3 play offense okay? Slider Left Slider Right Slider Up the Middle <vbg> Five yards and a cloud of dust! Give him the ball! <g> When you go to the sidelines for a Gatoraid I'll lob a few passes into the flats. Anyway I'm stayin' in the patch and accumulating in anticipation of the coming rally. OSX 120 or bust! I'll see ya at the top. <g> Bull