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To: Jim Battaglia who wrote (16)5/10/1998 1:19:00 PM
From: Skipperr  Read Replies (1) | Respond to of 19
 
Jim - I guess that my wisdom learned in the past is that I should give
the market every chance to continue on in its uptrend. Of course, this is a game of probabilities wherein, not just the fundamental and technical aspects have to be evaluated but also, investors' perceptions of those aspects. Right now, I believe their perceptions lead to a bullish conclusion with their invested resources. I believe the "climate" is still favorable.

I also think that if an investor has a plan to get out then he can feel more confident of his invested position. I have a plan for that.

It is the character of the market to cause confusion, perplexity and bewilderment among participants. These, along with negative sentiment, reign supreme at market bottoms. You know, in a way, all the negatives are a positive sign - because they keep cash on the sidelines which serves to fuel a greater push to the upside.

Who knows! But, I'm staying in! Best regards, Skipperr