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To: Poet who wrote (33722)	11/27/2000 5:42:12 PM
From: abuelita	Read Replies (3) \| Respond to of 35685

Poet Well, the Naz got it up today, but no staying power. a final capitulation sell-off--ahead of us in the not-too-distant future. I've been reading that a lot - now from you and jambo. Are you talking about a quickie here, or something more sustained? sigh, rose

To: Poet who wrote (33722)	11/28/2000 9:37:09 AM
From: jambo-bwana	Respond to of 35685

Can I say I'm a trader and a schizophrenic? I suspect that describes a lot of people on SI, Poet. I am for the most part ltb&h - though I do my fair share of trading when I have the time and inclination. I am presently about 40% cash and looking to put it to use using some form of dollar cost averaging. I have no pretensions about being able to identify the bottom - but have begun to gradually put some of that cash to use. Quite honestly, I would like to see a wipe-out occur before we establish a bottom - perhaps the NAZ at 2200 or so - that would achieve several goals: there would be capitulation at that point, valuations would be attractive and last but not least I would get a chance to invest my money at very attractive prices -g-