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To: 777 Captain who wrote (11689)4/1/1998 8:54:00 PM
From: Spots  Respond to of 12298
 
Nervous?Me?NO!



To: 777 Captain who wrote (11689)4/2/1998 8:05:00 PM
From: Spots  Read Replies (2) | Respond to of 12298
 
>>Is Spots getting nervous?

I guess I am getting nervous (slightly more responsive than
earlier message).

I went to 2/3 cash today in everything I own tax-sheltered,
which is a Great Big Part of what I own. (Also cheapest to
go to cash in, I might add.)

I've been 100% equity-invested in tax sheltered accounts
for over 25 years, so this is a MAJOR reversal for me.
Is this pusillanimous retreat or the courage of one's
convictions? I wonder. (More charitably, I'm thinking
of it as taking one's profits and running, or, also, as
the Enough Is Enough Stop.)

It's surprisingly hard to carry out this kind of radical
departure, I discovered, regardless of how firmly one has
decided it. An investment style of a quarter of
a century abandoned. Did it, though.

I'm not recommending, merely reporting. But I smell a top.