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To: TREND1 who wrote (30215)	3/15/1998 11:01:00 PM
From: Skeeter Bug	Respond to of 53903

>>I just love the FA thinking !!!!<< larry, most people can't. 6 months ago mu was going to earn $3.00++. now it looks like they'll lose at least $1.00. of course, my view of 1998 was right on other than being on the generous side. it is truly frustrating when most of the dolts that run wall street are so naive. there is money to be made using f/a. and big money at that. but it just isn't being right. one needs a system that allows for the herd to be wrong for a long time. that is why mike's philosophy is so good. he's using 10% of his available fund for options and essentially triples it every year. on a good year he's up 1,000% on the 10% speculated. but he is unusual in that his discipline is very good. his analysis is also great.