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To: Jim Willie CB who wrote (2041)	12/18/2000 5:15:30 AM
From: robert b furman	Respond to of 4583

Hi JW, Good point on market internals.I should've mentioned also. I have been waiting for a vix spike as we (scrape along the bottom). That would be nice for a clue and perfect buy symbol. That would probably fit in well with Bill's 1850. This decline has been severe as far as price is concerned - this is to be expected as the blow-off top was just as severe. I once read a very profound statement(as I was bottoming out in a past cycle and it struck fear in me - since I was on the verge of margin calls and no reserves left ): Price alone does not a bottom make - it takes time. Just when everyone says profitability will NEVER return and the future looks bleak FOREVER - the bottom will be occurring. This type of news is occurring right now ie Mr Softee warning for the first time in the decade. Of course since the top was so powerful time MUST also be long for the washout to complete. I'm ok with waiting and I think price is firming. I reserve the right to get scared on any future short term dips. I can guarantee you - I'll be buying any dips that are presented. Thank YOU Santa. Thank You Santa. Is the Mantra I'll use. BWDIK Bob