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Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?

To: Tommy Dorsey who wrote (5890)	2/3/2000 9:15:00 PM
From: r.edwards	Read Replies (1) \| Respond to of 9427

TD thanks for that heads up when Qcom was around 120, made a ton off the AAF-BZfeb 122.5 calls, whats it look like now. ??

To: Tommy Dorsey who wrote (5890)	2/3/2000 10:03:00 PM
From: Tigress	Read Replies (2) \| Respond to of 9427

Tom, "My money managers will only go to max 25% cash in defensive moves." Is that % true of most mutual funds? Back in '98 didn't we contend with the a US margin call problem as well as the Japanese cashing out of US stocks - both of which suppressed stock valuations? With Y2k over, do you think a hedge fund problem is the reason why Greenspan continues to pump money into this market? It appears Greenspan will be the cause of this inflation. I cannot fathom the problem when either this monetary faucet is turned off or if he starts sucking the money out, as he raises interest rates. Could I reason that reversing down at 36% to the bottom may take 2 - 2.5 mos, which is about 1/2 the time from when we reversed down from above 70%? Tig