To: Tom Pulley who wrote (83608 ) 1/2/2003 10:01:52 PM From: James F. Hopkins Read Replies (1) | Respond to of 99985 Tom; Who could refuse to venture a guess on this. I'll out do the average pundit ( I think they are calling for about 8% to 10% up) I'll call the NDX up 18.5% from Jan 1st to Dec 31st. The S&P 500 up 12.5 % the Dow up 14 %.. Tahts more bullish than most of my posts would have me, so let me clear it up some. While I think we have a good chance of ending up that much, if I were what I call truly bullish about it I would of course be buying hand over fist instead of waiting for a another pull back. --------- And while I see that much up as having a good chance, I don't rule out that we could be down, and down a lot too. --------- From September 24th until now I'm up over 70%, if we make another 14 to 18% because of what I'm holding I will expect to be up almost 100% from where I was Sept 24th. I was buying hand over fist late Sept and early Oct, but not a lot since..a few calls then a few puts and some short term day trades both long and short on the QQQ..is all I've done since Nov. The stuff I picked up on the big dip I also sold calls on, that if the market was to now sink it could dive 50% and only cost me my paper gains , my Sept 24th position would still be intact even with a 50% to 60% drop.. --------- Now I'm also still holding some cash , as I want to see what Bushy's new tax cuts will effect. Shorter term I don't like the spike in Oil prices, and for my outlook to come true..oil prices will have to fall, which I think they will. ---------- So that's it up 18.5 NDX, S&P 12.5% Dow 14% but not strong enough in my call to bet on it at this time. And if I do any more yearly bets I'll hedge em with CCs, other than that it's short term scalps for me. Jim