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To: RocketMan who wrote (5063)	3/15/2000 2:02:00 PM
From: SecularBull	Read Replies (3) \| Respond to of 8096

I think that the DOW move is a headfake, and NAZ will re-assert. LoF

To: RocketMan who wrote (5063)	3/15/2000 2:05:00 PM
From: Poet	Respond to of 8096

Hi RM, This is a tough time, even for those of us who did some preparation and took profits last week. I spent the morning "facing the music" and selling many of my calls. I took a $72 k hit on RMBS calls. i know that RMBS continues to look strong today, but if the tech correction continues (as I think it needs to and will) RMBS will get hit as well. I also sold off our IRA's this morning and will wait on the sidelines with cash until I feel more with the action in the Nasdaq. You were smart to move some cash in the Dow, I think, but watch it carefully. MSFT calls are also smart. Are you an NTAP investor, boy did that one dump this morning. Ugh.