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To: Dwight E. Karlsen who wrote (9147)7/7/1998 9:11:00 AM
From: yard_man  Respond to of 164684
 
I'm getting more and more conservative in my investment philosophy, Dwight. AOL, YHOO, AMZN -- bet against each of them at one point -- only to lose. Because of my discipline, my losses were small, but I'm done arguing with the tape.

Market is nuts. There is nothing wrong with cash at this point. I'm not chasing any high flyers -- and I'm not talking about AOL, YHOO, AMZN -- I consider many of the blue chips to be high flyers now -- KO IBM MSFT INTC.

Whatever your position -- if you are playing these stocks -- don't bet more than you can afford to lose.