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To: Percival 917 who wrote (25254)	7/13/2000 12:52:45 PM
From: horsegirl48	Respond to of 35685

You know I was thinking the same thing.I do listen to Bob Brinker, started in late Jan. he was telling all his listeners to sell go to 60% cash. He then issued buy order in May for the Naz, the day before the rally. I promised myself this time I would listen when he says to sell. He believes, take it for what its worth,that co. earnings will slow down due to the higher interest rates in about 6 to 8 months. He believes we r in a very short bear market rally that will stall in July or Aug. going back to the bear market we saw in March & April,that will last 6mos. to 2 years. He does see a winter rally also. There r a few sites I follow on SI that talk about what Bob says. He says he will issue a sell order when that time comes but believes we should be 60% cash right now. HG48

To: Percival 917 who wrote (25254)	7/13/2000 2:11:46 PM
From: im a survivor	Read Replies (4) \| Respond to of 35685

<<Just sitting here musing a bit and it occurs to me that because "everyone" is looking for an August meltdown, that might it NOT occur. Generally the market seems to go against sentiment. How many times in the past did everyone finally become bearish only to see the market soar and also the reverse to happen? Since everyone expects it, will it happen or, will it happen later when everyone is expecting a rally? As Arsenio used to say, things that make you go "Hmmm" Not trying to stir up anything, just some thoughts, Comments?>> Joel, Oh believe you me, I have thought the exact same things. Thats one of the reasons I am such a basket case<ggg>. If you read a post a made recently I gave good arguments both for and against the summer meltdown. On one hand, as V said, it's not like we are at 5500 on the naz. We are still waaaaay down from the highs. On the other, history almost dictates we have some form of correction. The more "info age" we get, the easier it is for things like this to happen. Lets face it, more and more people are connected, info changes hands quicker then ever, and we, as individuals are far more in control then ever before. I have several accounts. I am always fiddling around in my mind as to what i wouldlike to do with my account(s) at my full service broker, but for the most part I do nothing. I mean that requires picking up the phone, talking to my broker and bla, bla, bla.....but with my online accounts, it's boom, boom, boom. Well, I think more people then ever now have online accounts and more people then ever are going boom, boom, boom. There are alot of fingers sitting on that sell button looking to sell at any chance of a correction. So, what the hell actually happens? I have no idea. At the least, a bunch of headfakes and good buying opp's, at the most, a severe downfall with Naz testing or breaking 3000. I am trying to startegize the best I can. No, or very little margin usage, holding leaps and beaten down quality. if it's bloated...it's gone. I wont sell qcom leaps, or cmgi, as they are still very beaten down, and in fact I wouldlike to buy more....but anything bloated...at it's high for the year, no matter how sexy, how strong she looks, is gone. Anyway, I am as lost as lost could be and really have no clue as to what the next 2 months bring. Best, keith@lostinmindbodyandsoul.com