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To: bonnuss_in_austin who wrote (34408)	12/26/2000 7:56:18 PM
From: Cosmo Daisey	Respond to of 35685

bia, Nobody is right all the time, even Uncle Frank. In 1999 we heard "don't confuse brains with a bull market" In 2000 we painfully learned what that means. The nightly news today from CNBC has an ad for the Technology Digest wwwrd.0mm.com whose editor reads 1000 newsletters and makes recommendations based on others work. The Dick Davis Digest has been successful doing that for years. The Davis newsletter is successful but I am not sure the investors who follow it are. If you notice the mutual fund ads now they are pushing their record gains as a inducement to gain customers. They are using 1999 as the last complete year of record. When the 2000 results are in they will have a harder time convincing potential investors. They will then use a three or five year return in their ads. I think we will have a weak January due to mutual redemptions when investors get their statements and find they lost a lot of money but also have taxes to pay on gains in the fund. I know several people that lost more than a million dollars this year listening to professional market people. The guru's on CNBC have been wrong for a year. I guess what it comes to is everyone has to make their own decisions and be responsible for them. Some people, Uncle Frank for instance share their views with us all. If you think he is wrong all the time, bet against him. Read "Zen in The Markets" by Eddie Toppel if you are really interested in making money in any market. His book has simple rules that we all should follow all the time but most people don't. Keep up the good work you do here bia and good luck in 2001. cdaisey@toomuchwine.com