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To: John Solder who wrote (22512)	3/15/2000 8:09:00 PM
From: Larry S.	Read Replies (1) \| Respond to of 53068

sorry to hear that john. i gather you have been concentrated in the bios. it was hard to take profits when they were running so strong. consider it another major payment in the tuition of trading. post-graduate courses are available. i have always believed in diversification, but have been very concentrated in nets/techs because of their strength. today, i was constrained from buying stocks that i knew would run because i wasn't willing to sell some of the techs i was down on, and felt were oversold. i would have bot more airlines, drugs, banks, financials and retails. but i also have been holding oxhp, odp, spls u, luv, and a few others that made nice moves today, so sometimes stubborness pays, but not often. larry

To: John Solder who wrote (22512)	3/16/2000 7:28:00 AM
From: Ron McKinnon	Read Replies (1) \| Respond to of 53068

the stock market is like the weather in New england today we will be 70 degrees, tomorrow we will start with an ice storm, then 6 inches of snow John, it's a shame to hear about your "give back" things really never change, even though at times they seem to bulls and bears can make money; pigs get turned into bacon a number of times each year (for 100 years) sectors and certain stocks get over bought/sold a trader needs to strike at spike tops and bottoms very very few people can pick the perfect spots I am not one of them so I continue to leg in and out, partial positions, as stuff rises and falls more and more stock prices move in waves based on "investor" perceptions; not on fundamentals we need to be like a surfer; catch the right waves at the right time, under the right conditions in my hold account I was hurting for a few weeks, watching my buys drift or sit while other stocks went nuts but it all payed off yesterday take a peek at the chart on PHBK I loaded up on this 10.625-10.875 but, only because I knew the company inside and out so "knew" some day it would turn frankly I never expected a move like yesterday but I'll take a months worth of pay in a few hours it made the wait pain worth it all I can say is continue to diversify take gains when you have them keep plenty of ammo you have a real good feel for what is going on; so you will get this back but next time make sure you lock up some of your gains right now I'm looking at entering or adding; in small leg buys; a few such as the following: CSCO BRCM BEAS CMRC EXNT EPNY EXTR ICGE JDSU JNPR PHCM PMCS QLGC not all of them and not all today but maybe soon and may sell or add to ANDB CCL CIT CMGI FBF FNM FNV GE QCOM RCL depending on how the market looks over the next few days all the best