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To: Sam Sara who wrote (87500)	12/15/1999 7:13:00 AM
From: Robert Rose	Respond to of 164684

<I am curious as to what you are going to use to spot a relative market top, to avoid holding during a swoon like April 1999.> Hi David: 1) I will be watching the dot and iix indices for violations of key support lines and moving averages 2) I will be watching my stocks for same 3) I will be watching sector leaders for same (often my stocks <g>) Broader indices such as the dow and comp cannot be ignored, even though they seem to predict little re: the stocks I own. I find myself significantly into margin right now, not so much by choice as by default - just too many good stocks to own. I keep asking myself if there is anything I can sell, and so far the answer is usually no. I will be going on vacation 12/23 and will likely eliminate margin before I go. I will have access to a SELL button while there, to sleep better at night. <g> I have a hard time imagining an intermediate-term selloff before 4Q earnings season. We shall see. Good luck.