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To: im a survivor who wrote (11961)	12/16/2003 1:50:06 PM
From: Sig	Respond to of 13815

Its fairly obvious what is happening, but what to do about it? With CD's and money markets and bonds paying so low, people went into the tech stocks. The common Dow stocks not seeming to do well because of the uncertain economy. I have said beware of the old boomers, like Yhoo, Intc, Qcom, and even Dell as the hope was they would "come back" and fly again. Some people can handle those, they have come back, but they would tend to get overbought. Now the economy has perked up and people are going back to the less risky old guard investments and avoiding the possible risks in tech stoks. In addition there is a lot of profit taking in the techs that have done well lately So the good news is that money is coming back into the equities as expected but temporarily leaving the techs IMO this market is unsafe in any equity on a near term basis. Even the best stocks are going to be jerked around on a short term basis. Witness the homebuilders, doing so well but now going down. Whether this volatility is purposefully done or not,it tends to make individuals feel they are not good enough and to consider having the "expert" fund managers handle their investments. IMO funds are loser , and will I will not even consider that route as they do not have the time to learn the stocks as well as an individual investors on this thread, and they do not have any better info than is available to us. Have been a steady trader for over 6 years now and still alive, dont believe I have ever been off margin,learning is unbelievably slow. Had to get off a lot of the techs , go to gaming, to software,to some retail. And to continue locking in few profits or buying the dips on stocks I am very familiar with And I still get clobbered on days like this Its a mean dirty heartless game that drains the public money. Those 401 k plans provided a huge steady source of funds for the (incompetent, careless) fund managers who eat away the capital thru fees and churning. So I cannot say what to do about individual stocks , Bill Fleckenstein has some short recommendations but he is not short any of them so he is no help either.(g) Sig