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To: Barry Grossman who wrote (103526)5/21/2000 5:06:00 AM
From: Yaacov  Read Replies (1) | Respond to of 186894
 
Hello Barry,
Good post, thanks. I have been selling dollar and even Euro
denomonation bonds to buy US equities since early April, buying CSCO, INTC, ORCL, and DELL at what on each instance seemed to buy the great buying opportunity, only to see the
marekt drops lower the following day! ggg The last was SUNW at 79 1/4 and CSCO slightly under 54 11/16. I beleive there is time to stop and wait. For now, I can't sell, and will not buy. With such termoil, there are times that one has
to be imobile. It will come to pass by late summer or hopefully after the elections.

I read Abby Cohens last interview. I couldn't exactly understand what she meant. She talked about and upside of
7 to 8 percent in the market! Is it 7 to 8 percent growth
of what? S&P? NAZ? NYSE? Can you pls. explain that?

I will be in Punta Ala in from June 1st till July 15th and then in Crans-sur-Sierre until mid-Sept. If you come this way send me e-mail or PM.

Thanks,

Yaacov