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To: Robert Rose who wrote (105013)	6/15/2000 2:13:00 PM
From: Danny	Read Replies (1) \| Respond to of 164684

Rob, I agree. The damage in the tech sector needs a longer time to recover.

To: Robert Rose who wrote (105013)	6/15/2000 2:13:00 PM
From: Lizzie Tudor	Respond to of 164684

This is all well and good for staging a decent fall rally. (I know I need one. ;)) Did you guys ride the correction? I did, and got clobbered - but I was busy working and couldn't do anything, I didn't get out in time on some stocks like cmrc and I lost 50% of my gains in some cases. I figured you all here weathered the storm fine... well, in a sad way I feel a little better knowing there was more to preserving your gains than just sitting in front of cnbc... :-/

To: Robert Rose who wrote (105013)	6/15/2000 2:30:00 PM
From: Danny	Read Replies (1) \| Respond to of 164684

On the subject of market direction again... One thing really worries me is that Fed puts a harder break than necessary on our economy. We have already seen some sign of slowdown in economy, which is good. But if Fed takes a more aggressive stand and pushes us into a recession territory, I expect both you and me, including many members here, will see our portfolio taking a huge loss if we stay in the market. So far, we are just experiencing a severe market correction. A recession will teach all of us what a bear market really means:)