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To: shane forbes who wrote (8151)	12/5/1997 6:56:00 PM
From: shane forbes	Respond to of 25814

OSO you are joined by a lot of others buying as well and for the same reasons: Analysts said traders appeared to be buying in anticipation that stocks will rally as they typically do in late December and early January. "Money managers are jumping the gun," said Ricky Harrington, tech analyst, Interstate/Johnson Lane. A lot of money went into stock funds last week. Seems to be a "buy because we have money" syndrome that's what I said. Well I do not have the money but am continuing to buy for the long haul not for the January pop (this one won't pop for quite awhile) - against my better judgement added to TSEMF position today (the butler made me do it). Now down just 20% in this stock (from 47% down a few weeks ago - talk about averaging down)!!!!

To: shane forbes who wrote (8151)	12/5/1997 10:29:00 PM
From: Duane L. Olson	Respond to of 25814

OWW.. As usual, you tap the key points.. It IS a "buy because we have money" syndrome.. the liquidity in this market apparently is enormous. The reason I was putting money to work big time starting day before yesterday, however, was that "the bad news was already out", and the market never discounts the same news twice. (It's that NEW news ONCE that keep killing ME <g>. Under the impression that the heavy cash inflows will continue through early Jan, and drive stock prices through at least mid-Jan, I'm scrambling to put money to work. Because I avoided a lot of cratering in small caps, energy, and techs, the capital preservation trick proved reasonably smart (A new experience?). But the downdraft in December that we expected, got turned around early. I'm no even seeing how we members of the MBC will beat the SLC, Sleek Lion Club Slicks. We will come up with something, I'm sure. Nice day in the market ... wish I had had the time to see it... TSO OLE!!