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To: freeus who wrote (7647)	12/17/2000 9:09:33 PM
From: bosquedog	Read Replies (1) \| Respond to of 13572

I don't know what to do with the belief that the market is going lower. Preservation of capital first.

To: freeus who wrote (7647)	12/17/2000 11:35:59 PM
From: DaYooper	Read Replies (1) \| Respond to of 13572

And my problem is I don't know what to do with the belief that the market is going lower Freeus, I realize this is a trading thread but my advice would be to become an investor rather than a trader. Even LindyBill has come back home. Very sincerely, Rory P.S. Read the Gorilla Game or a Peter Lynch book over the holidays. Best to you.

To: freeus who wrote (7647)	12/18/2000 1:20:53 AM
From: mishedlo	Read Replies (1) \| Respond to of 13572

Freeus, because I was an idiot in March thats why. Remember I am new to investing. But right now I remain convinced that even if the market rebounds, it will be short lived, and there will be junk worth shorting or buying puts on. Even though I am extremely bearish, I closed out 50% of my PUT position almost at the lows on FRI. Thanks to watching the Tick count. So I am half way. If the market tanks, I am 100% cash in my trading acct with mainly cash but some PUTs in my IRA. If it rallies I will wait for it to stall and add some puts back. M