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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Bruce Brown who wrote (37172)	12/29/2000 4:25:14 PM
From: kumar	Read Replies (1) \| Respond to of 54805

OT : delay his doubts about whether Santa Claus exists Bruce, make sure your son doesnt read this post : Message 15079935

To: Bruce Brown who wrote (37172)	12/29/2000 4:45:01 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 54805

As a permabull, I must confess that I expected a huge rally today instead of a selloff. As it turned out, I continued my string of inaccurate short term calls. I have 2 things to say about Y2K: 1. It was remarkably consistent; it never ceased to disappoint. 2. I'm delighted it's finally over! On a macro level, I think we have 2 things to look forward to in 2001 (the first year of the New Millenium): 1. We should have a series of interest rate reductions, so the bulls won't be fighting the Fed all year. 2. Expectations have been lowered to the point where we can look forward to a series of positive earnings surprises. But even if those predictions prove wrong, which one might think likely based on my Y2K record as an oracle, I console myself with the following: 1. I am a long term investor, so I will not measure my progress by the results of a short term period, be that a day, week, month, or year. 2. I have the same number of shares in Great Companies that I did at the start of the year, and those enterprises continue to flourish. I wish all of my fellow Gorilla hunters a safe, happy, and prosperous New Years. uf