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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (7299)	10/16/2002 2:16:34 AM
From: James C. Mc Gowan	Read Replies (1) \| Respond to of 57110

Jorj: 5/1 Stars, I believe it's a rating system, more stars better performance. During the long bull, lotsa MFunds got 4-5 Star ratings, pure genius,ggggg Hell, all they had to do was match SPX index fund, as the benchmark for equity funds, and 90% couldn't do that consistently. Now, with a short fund having a 5 star rating, well, if it growls like a Bear..... Been averaging into Ultra Short OTC over past 4 days. Tough to call those tops,ggggg IBM, with the usual BS Wednesday, and MSFT Thursday. Probably sell my QQQ 24 puts I got today cheapo, in AM tomorrow. Manic-depressive market,ggg James Edit: oh and I have many underwater Nov QQQ puts and a 1400 Ultra Short position to balance them out, for now,gggg