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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: mauser96 who wrote (34635)	11/13/2000 11:10:50 AM
From: Apollo	Read Replies (1) \| Respond to of 54805

Hi Luke: The miasma of pessimissim spreading throughout the SI boards may be a good sign that we are not that far from the bottom. The same emanations must be reaching the Fed. The same pessimism was pretty palpable in the Spring, as well, yet obviously, the Spring was not the bottom, or end of the Bear/correction. Nevertheless, I agree with you about things turning around here, based on gut instinct, and a few other items. For example, I read somewhere that the average Bear lasts about as long as this one. And that the Naz hitting a 52 week low, as this one has, is a favorable sign preceding a new Bull run, etc. Also, the bottom line remains that these U.S. Tech companies have the technology that the rest of the world MUST HAVE, if not to fall further behind the USA in the New World Order and New Economic structure. With the exception of the price of oil, I don't see anything that has changed substantially. I agree with you about the benefits of a cash position......and wish I had the discipline, myself, to maintain one. It's so darn hard to not buy what seem like great issues. For example, in the Spring, I had some Sep-IRA money, that allowed me to buy into NTAP at great prices, but also ended up buying JDSU at very inflated prices, still. I would also like to applaud Lindy's candor, and willingness to share. Apollo