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To: Siber who wrote (4354)	7/1/1998 9:49:00 AM
From: Lee Walsh	Respond to of 11684

**I thought this to be an interesting Post *** By Randi Is It seems the only way to make any money in this market is to short. Shorts are prospering in this bear market [abbreviated by brief rallies]. And if the daily erosion doesn't get you...the surprise reverse splits will. The deadline for pennies to report or be dropped from OTC is near, so radical measures are being seen by scam companies. The scariest measure is when they actually file, giving them the appearance of ligitimacy. Europe funds are doing great past 3 months [better than S and P] for those looking for long term gains. Hedge against world collapse: Funny how Warren Buffet was looking at silver recently. Precious metals traditionally have value when world economies and currencies collapse. Silver rises 3-4 times faster than gold. Buying a bag of US silver coins has advantages, due to well known silver content and "spendable" denominations. When Germany's currency collapsed a half-century ago, a bushel of marks would buy a loaf of bread, but a silver quarter could buy groceries for a month. Momentum runs: Momos are squashed by shorts almost as soon as they start up. Shorts seem to jump into EVERY run, regardless of volume, news or price. Short squeezes still seem to be working, but it takes persistence. SI initiated moves are dead. Big Dog, Joe Copia, Tokyo Mex and others are not suddenly giving out bad picks, nor are their personalities or integrity changing. The MMs and the shorts [mostly in Canada but some in US] are going nuts making money. The more talk on SI about a stock, the more shorts show up. Those with level 2 can actually watch the same MMs show up and immediately sit on a run. And guess who wins every time? General Observations: The way things look, the best play is not to play at all. The odds are in your favor that you can buy back your stocks at a lower price later. The most important consideration is "Investment preservation." Sitting around watching original investment dwindle down to nothing slowly is not fun for anyone. Breadth is nearly always down. New lows beat new highs...even on big up days. It does not seem to matter that a stock has discovered the cure to all illness or solution to the worlds problems. Forget it. The shorts will still jump on it and squash any momentum that may occur. If I sound negative or depressed, it may be due to overconfidence on the part of the reader. I am looking at things from a realistic viewpoint. It has been a while since the majority of the SI population has seen gains [slow, fast or half fast]. And in my opinion, it will be a longer while [contingent upon many things] before this turns around for good. Best wishes to all, Rande Is . ~~~NOTE: These are strictly my opinions. This is not a recommendation to buy or sell any stock.