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To: oldirtybastard who wrote (56729)	1/11/2001 2:46:38 AM
From: patron_anejo_por_favor	Respond to of 436258

<<you were the one that brought up GDW here, right>> Yep, that was me. Glad its working for you, it certainly is an overvalued POS! Unfortunately, I got in too early, got stopped out and didn't get back in due to wash sale considerations. I see they have rolled over nicely though, and the Cali ute crisis can't be helping that market one bit..<G> Maybe I can catch 'em on a bounce. I don't think we'll get a BK now, unless there is a sudden credit market dislocation due to Cali ute related derivative unwinding. However, earnings will be ABYSMAL in multiple industries (not just tech), and that is NOT reflected in the major averages right now. It wouldn't surprise me to see a rotation into tech out of S&P 500 stocks now, followed by a generalized flush in April. I will be shorting tech aggressively if we get the 'Dung near 3000, otherwise it's just sniping here and there for now with more shorts/puts in financials.