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To: MrGreenJeans who wrote (596)9/1/1998 8:47:00 AM
From: Boca_PETE  Respond to of 15132
 
Mr. GJ: RE:<Globex up 27 points at this hour! >

Let's pray today is at least a MIRROR IMAGE of yesterday!

Quite frankly, I'm still shaking from yesterday - woke up in a cold sweat worrying - wondering if all the UTEK short sellers had covered yesterday and what happens now if they did.

Thought I had a diversified asset allocation I could sleep with, but my reaction to reality seems to be saying lighten up on equities when I get a chance (if I get a chance).

Let's keep our fingers crossed that the "upside reversal" starts in earnest today ! There are so many bears on TV I had to turn off the business news.



To: MrGreenJeans who wrote (596)9/1/1998 8:56:00 AM
From: Boca_PETE  Respond to of 15132
 
Mr GJ and ALL: RE:<Brandywine Fund 1998 YTD = MINUS 22.6 PERCENT>

Poor Foster Freiss. He sold Brandywine Fund out at the bottom of the October 1997 correction after his trip to Asia scared the bejesus out of him, became mostly invested near the top this spring admitting he made a mistake, and now the bottom falls out.

So much for the "Pigs at the Trow" Theory !

P