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To: James Strauss who wrote (6442)	7/27/2000 3:32:49 PM
From: Jibacoa	Read Replies (1) \| Respond to of 13094

<<turnaround in the 3600 area...>> JIM: When we get the "turnaround" and resume the "up-trend" I will re-establish some long positions. I will remain a "lurker" for now.I guess I am getting more and more conservative after retirement. Regards and good luck. Bernard

To: James Strauss who wrote (6442)	7/28/2000 10:21:35 AM
From: Harold	Read Replies (1) \| Respond to of 13094

Hi Jim, I am glad to see you are in Real Estate Fund. I have had Fidelity's for a few years needless to say I am still in the negative but climbing very well the last few days. I would appreciate your opinion on Real Estate funds (should you find the time) mostly how do you see the future for this fund LOL. Are you watching IMAT? Have a nice day. Harold

To: James Strauss who wrote (6442)	7/28/2000 11:24:24 AM
From: Bucky Katt	Read Replies (1) \| Respond to of 13094

Jim, as I said a few days ago, the intra-day damage in the nasdaq is serious. They just keep kicking out the support beams. That gdp # took the "experts" by surprise today. They really took APCC out and hung it. Expect more of this type of action in the next few months..... "U.S. Economy Grew at 5.2% Annual Rate in 2nd Quarter (Update3) Washington, July 28 (Bloomberg) -- The U.S. economy expanded in the second quarter at a faster-than-expected 5.2 percent annual rate, as companies built up inventories and invested in new equipment, government figures showed. The rise in gross domestic product, the sum of goods and services produced in the U.S., followed growth at a 4.8 percent annual rate in the first quarter of this year and 8.3 percent in the final three months of 1999, the Commerce Department said. Today's report ``brings into question the whole idea of how much slowing we have actually seen,'' said Paul Christopher, an economist at A.G. Edwards & Sons in St. Louis. The data also raised investor concern that Federal Reserve policy-makers weren't through raising interest rates this year."