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To: MulhollandDrive who wrote (367)	3/21/2000 12:36:00 PM
From: Boplicity	Read Replies (2) \| Respond to of 13572

GE yes GE sorry it only has two letter in the sym. but it's a top company in the world company that just made a bottom so it was and still is an easy play. GE has broken through it's early march high. Breaking through the March high was the safe buy point. It also made a very nice double bottom. I bought of the double bottom myself. The March high I was talking about was the beginning of the W or double bottom. The thinking goes like this with Double bottoms. Those investors that held at the beginning of the first drop, that wanted to sell sold at the peak or middle of the W. If a stocks makes it back up to the finish the W and investors haven't sold yet, then it's an indication of strong holders being left in the stock. So the stock breaks out, just like GE did today. see below url for chart. askresearch.com I normally draw a line to connect the top of the W to help calculate where that buy point will be. Take notice of the increasing vol. after the second bottom was made, that is what prompted me to buy, not to mention my desire to go big last week. Also note on the page the div. rate not bad, good old GE will send me money for owning it. Greg

To: MulhollandDrive who wrote (367)	3/21/2000 12:48:00 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 13572

>> Nice try Frank, but I never "panic". I sold GMST on the fundamental concerns of the TVGuide announcement. You sounded pretty rattled at the time, Betty. You wrote the following on October 5 when Gemstar was trading under $70: Really Paul? So if I wait a few weeks, I'm screwed? Is that what your saying? If it's a MSFT or a QCOM "in the making" will it really matter? I think you forget that I am just in GMST as of last month, and my cost basis was about $73. But I put a fairly substantial amount into the stock. I see no reason to have that money possibly sitting "idle" for months. Of course your scenario may be correct and if so I can always re-purchase once the upward trend is r-established. It's called preserving capital. >> explain to me why a LTB&H needs to retire to "manage" the account...I mean gee, must get a little tedious staring at the screen all day. I didn't "need" to retire, Betty; rather the performance of my G&K portfolio allowed me the luxury of letting my money work for me rather than working for money. When the daily swing of your portfolio is 5X your monthly salary, it would seem to make sense to change careers to Portfolio Manager. What you are missing is that there are virtually no "pure" Gorilla Game players, perhaps with the exception of the exceptional Mike Buckley. I love the action as much as anyone, and have developed some options and swing trading skills over my investing career that I like to keep sharp. I funded a trading account with $10K at the start of 1999 to keep my Evil Twin occupied, and ended up with $120K at the end of the year. All of those funds were then added to G&Ks (ntap, gmst, and sebl), which have since had nice returns. Since I have no outside income, I decided to see if I could keep my "portfolio management fees" low this year, and allocated $25K to trading. At the current rate of return (which I don't expect to hold) it would generate over $250K in pin money this year. I look for one or two exceptional swing trading opportunities a month. In January, it was extr calls (101% in 5 days). In February it was cree common (36% in 8 days) and elon calls (105% same day). In March it was coms puts (45% same day), and I have cnxt calls in play at the moment. I'm not trying to brag, Betty, as I'm sure you are doing much better than me ytd (holding a large chunk of Q has made my overall ytd returns fairly small). Rather, I'm attempting to demonstrate that "my way" is not as monochromatic as you seem to believe. The difference between us is I am very selective about trading opportunities, and keep it as a minor theme in my investing. A bright person noted that you can make a lot of money trading but ltb&h can make you wealthy. Nice talking to you, Betty. I admire your enthusiasm for the market, and the way you stood up for Greg; I would have done the same if I weren't the one arguing with him <lol>. uf