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To: Robert Rose who wrote (120082)	3/11/2001 2:16:53 PM
From: Bill Harmond	Read Replies (3) \| Respond to of 164687

Who? Message 15480370

To: Robert Rose who wrote (120082)	3/11/2001 3:29:20 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164687

>> all these postings by others on your behalf and by you on others' behalf i find pretty weird. Robert, I think you're pushing on a string. After many posts William simply will not answer how much money he put into stocks. He's stated that is none of anyone business. It doesn't seem you will get any other answer. The only thing I can tell you is that once in the height of the mania for amzn, William said he bought amzn at 192. After a zillion badgerings from Morris, William said it was only 100 shares. I also get the feeling that when Mark F says he bought this or that, he means a few hundred shares at the most. So apparently they do practice money management in the sense they do not throw all their money at a stock at once. And they save some dry powder. Also it seems they must have set money aside for living expenses, because they do not seem desperate over the drop in prices. From asset allocation point of view, I think the old fashioned advice of keeping at least one year of living expenses in cash or near cash is a must. ALso any must-have funds like college tuition has to be kept outside the volatile market. I think what allows many people to be calm about the market is that they have a job source of income for everyday expenses. I remember Glenn saying he was nearly retired a year ago. But apparently he has gone back to everyday work. It seems Mark is looking for steadier income. My own portfolio fluctuates wildly, but I have income from work, so I can pay my bills without needing to sell investments. I think it is wise for anyone to minimize expenses and increase income. For me that meant holding on to a job and give up the notion of relying on trading for a living. I can assure you of one thing. Knowing (or not knowing) that William lost a couple million $ last year will not bring back anyone's money. I might get some satisfaction from knowing that the greater fools have met their comeuppance, but it does not make my task of providing financial security any easier. ALso knowing that William kept (or did not keep) his nest egg out of the market will not help you either. I hope you do not consider my post out of place. Sarmad