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To: Jerry Miller who wrote (4380)3/8/2000 3:57:00 AM
From: Jill  Respond to of 8096
 
That's a funny question Jerry...cuz I just woke up from a dream (and am about to go back to sleep) where I announced to Poet that I was going to put a third of my holdings into cash because I was worried... in my dream I was talking to a friend of mine (a doctor actually) whose office manager--a woman who in real life would never trade stocks and is as devoted to him as an antiquated character out of Dickens--had stopped working at the job, and was simply trading stocks! ANd he'd come to the conclusion that he must fire her, but would do it by offering her a "sabbatical" to think things over. Meanwhile, his best secretary had apparently already quit her job for the same reason: trading stocks. And I decided if it had gotten that bad, a severe correction was imminent, and I wanted to put a sigificant amount of $ in cash and start selling puts against it. Moreover, I concluded in the dream that it was time to start learning to buy puts.

I hope this was just anxiety. Maybe sparked by complaints on the boards about Greenie trying to destroy the market. It's the first time I've ever actually dreamed about the stock market. Hmmm. Perhaps I'll set aside some more dry powder. :-)

Et tu? Correction tremors?



To: Jerry Miller who wrote (4380)3/8/2000 7:50:00 AM
From: Poet  Respond to of 8096
 
Jerry,

I've been expecting a Naz correction for weeks, to the point where my Jilly twin is teasing me. Apparently the relative strength in the Nas yesterday, even in the face of the Dow selloff, is telling the PnF people that this is a "buy the dip" Nas opportunity, not a portend of a Nas correction. Your thoughts?