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Strategies & Market Trends : January Effect 2001 -- Ignore unavailable to you. Want to Upgrade?

To: Q. who wrote (266)	9/20/2001 11:27:32 PM
From: EACarl	Read Replies (1) \| Respond to of 289

Hello "N", I was just thinking of posting here. I am Curious to what you are doing. About time to pick up some high-tech bargains, OR stay out of this mess until year end, and try the January effect again, or perhaps a little of both. I'm still about 50% cash, but been doing a little buying of low price to cash plays. Also, hoping the semi-equips get cheap enough to go heavy into them again, but in my opinion, they are not there yet. Regards, Eric

To: Q. who wrote (266)	9/21/2001 12:12:19 AM
From: RockyBalboa	Respond to of 289

Hello, N. Long time, no see. I haven't looked at the portfolio for a while. The last time I checked it was still in the green by a wide margin. In April, it was close to flat the last time. I checked some of the stocks in the portfolio, and it appears that it is worse than -3% because the prices are not correct now. 4 stocks (COVD, ESTM, OPUS, PLRX) have been delisted to the BB and trade at other (way lower) prices, LCTO(D) morphes into a new company, Claxson (XSON). The actual decline is 14.25% which is still a bit better than the indices. But, as we discussed earlier (on shorting it), it is a huge decline from the peak it reached mid January to mid February. From the peak, the whole portfolio is down 60%. As you had APSG in your portfolio. It jumped recently as a result of the rush into defense stocks. APSG looks very endangered (huge losses, declining revenues, cash going out of the door quickly, dividends suspended), and I put some out on the spike.