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To: Lane Hall-Witt who wrote (470)	3/17/2001 1:57:16 PM
From: mohammedg	Respond to of 589

Hello I'm a friend of Jenna's (using her mentorship to learn to trade via her methods) and working alongside her when I can. She would like be to impart some of her STOCK-ONLY related posts (charts, analysis, etc)on this thread for the next few days. Anything that is not stock related, or off topic will NOT be answered. She wanted to thank you all for the numerous e-mail for continuation of posts through the interim until she gets back later on next week. she also says she will be back after this suspension is over and enjoying (or trying to) the first vacation from this thread in 4 years. Some charts will be posted later tonight and earnings related news for the upcoming week.

To: Lane Hall-Witt who wrote (470)	3/17/2001 1:59:14 PM
From: Dave Gore	Read Replies (5) \| Respond to of 589

PRESERVING CAPITAL FOR THE REALLY BIG "SALE"! Believe me, I am as tired as you all are watching CNBC parade guests by viewers every day who are ask, "Where's the bottom" and "What should investors do here?". Like they or anybody else know? But is there anything that we do know about what's been going on and where we are in the cycle? Well, it's safe to say that Short Sellers (e.g. the smart and powerful big Players like the Hedge Fundies) have been wearing out the "longs" (notably the Mutual Fundies along with 95% of smaller investors) with just enough occassional bounces to keep them hopeful that there will be a furious relief rally. C'mon, admit it, Mr. and Mrs. Typical Investor, you've been among the 95% hoping and expecting a relief rally back to 3,000 for the last several weeks, or at least something better than this. After all, it seemed logical and the historically correct thing to happen. I mean we're down 62% from highs of last year. Problem is, we were probably never so overvalued and so that stat is pretty meaningless, even though CNBC keeps harping on it. Meanwhile the smart and poweful shorters keep re-shorting the bounces. Will it all end? Sure, they'll be a rally alright and a nice extended one, but it might be much farther off than people think. We may even go sideways for several months after we go a little lower and then bounce 5-15% and stay in a tight range. Incidentally 15% only takes us back to 2200. Until the DOW finds firm footing and the AMAT's and KLAC's and LRCX's and MU's and then the ORCL's and MSFT's and INTC's start to say things are starting to get better, it probably won't. By the way, the easy shorting is over, so most who are not highly experienced in choppy, whipsaw market trading would probably be best served to be very careful and not lose any more capital. Unless this pattern breaks of whipsaw intraday action and turns into a multi-day trend up or down due to a strong catalyst, then most (certainly not all) will have a very hard time with this Market. Will Alan Greenspan save the day? Do you really know whether Fed Cuts are going to help the economy prior to 2002, even if we get a 75 point cut this week and more later? Do you really know if the Market is going to look ahead 6 months and buy the future? Do you really know if even the highest quality stocks are really undervalued in light of the lack of economic visibility? Do we even know for certain that stocks like RIMM that I have been picking on as a short for 2 months will drop more? With a PE of still around 500, it should but will you bet on it? Bottom Line - Things out there for investors are still very uncertain. Even the "experts" out there know nothing of what the next 0-6 months hold. They were not smart or brave enough to protect us when the NAZ was at 5,000 or 4,000, or 3,000 and they are not any smarter now. Six months from now, things probably do get better unless a recession ensues. I just hope most proceed carefully and preserve their capital as stocks get cheaper and cheaper. The most important thing is to have as much capital as possible to invest in the Market when the real bargains are on the table. Read that last sentence again and again, ok? -DG