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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Casaubon who wrote (63728)	12/5/2000 9:00:00 AM
From: OldAIMGuy	Respond to of 99985

Hi C, Thanks, as you can see, this last month evaporated much of the remaining YTD premium, however. As of last Friday, the YTD had dropped to between 3% and 4% gain and a 12 month gain of about 15%. Sad to see so much net worth evaporate, but that's why I keep a fat cash reserve on hand most of the time. Did you notice that my cash reserves are also shrinking? The $$$ have been flowing back into the market. As of last Friday, my cash reserve is down to about 14% of total value. I think it peaked this year at about 25% to 30% of total but would have to check. For many, Y2K's going to be remembered as Educational! Best regards, Tom