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To: ild who wrote (88838)	3/19/2001 1:11:37 PM
From: SliderOnTheBlack	Respond to of 95453

ild - ROACH RULES ~ ... great & sobering post. He's dead on & has been dead on & will continue to be dead on. I'm back to 60% gold & silver ; 5% NG E&P puts and 35% cash - with the next "Big & Easy Money" trade going to be puts on the OSX & shorting the still high bubble tech plays post Q1 tech reporting & the coming volume led capitulation phase which has not arrived as yet. If the Fed cuts .75bp and 30 days from now - the NAZ is lower; people just may throw in the towel & remember; a couple of Tech Fund families in deep - deep doo doo here... Bill Gates sold 3 Million shares of MSFT in Feb - evidently he needed some pocket change (VBG).... CNBC reported that "this" Tech Bear is different than even the OCT 1998 blow off - ie: no strong insider accumulation. Cramer also warned that "insiders" in Tech are white... they've seen the ghost. Gold/Silver, cash, patience & hopefully a great re-entry opp for one more major OSX rally to 165ish.... but; I think it may be more prudent to wait to re-enter the OSX untill "after" the final tech capitulation phase - which obviously will also bring some tremendous DCB "trades" ala ~ last Aprils NAZ DCB play.