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To: Tommaso who wrote (80490)	12/1/2000 9:23:20 AM
From: isopatch	Read Replies (1) \| Respond to of 95453

Tommaso. Tax selling, "election" & the "R" word all playing into this. Althought IMO we are going into another ST rally today, most investors shouldn't feel compelled to play every wiggle until we see a rally demonstrate some staying power. Aggressive investors have been clearly hammered by the repeated vicious wipsaws in the past 2 months. For those with little or no experience in Bear Markets it's must be amazing to look back over this period and remember how many times "the bottom" has been called only to see another failed rally. Bottom line? If you're a very nimble pro you were fine. Otherwise, you gave back a good fraction of you net gain up till Sept! So, in retrospect? Cash & Caution has been king since the Sept top. As I've said on the thread many times, I'm not primarily a ST trader. But I do play ST rallies or pops with the high risk segment of my portfolio while playing it safe with the rest till there is more verification of an important low. Thanks for your post Tom. We seem to be looking at LT strategies in much the same way. I really think the market is setting itself up for a good rally. Par usual<g>, just have to see if this is the one with follow through. Best Isopatch