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Technology Stocks : Applied Magnetics Corp -- Ignore unavailable to you. Want to Upgrade?

To: 777 Captain who wrote (11698)	4/2/1998 9:38:00 PM
From: Spots	Respond to of 12298

Actually, this is a market timing move, not an exit. I want cash to move in after a correction, and I'm willing to take the very generous (by any standards) returns I've made in the last few years off the table till I see a major correction, at least. Philosophically, I'm still 100% invested; I just concluded (all things considered) for me at this time cash is the best investment. I remain 1/3 hedged in stocks <ggg>. Having said that, what got me off the dime was that I have felt for the past week EXACTLY the way I did in 1972-73. Wish I'd "listened to my nose" then. This time I did. If I'm wrong, I'll regret it from the bank deposit line. <GGG>