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To: SJS who wrote (6480)	1/11/1999 10:59:00 PM
From: 007	Respond to of 14427

<Taking 700K and putting it all in these internet stock back in October. Now worth 7M. Hasn't removed a dime of profit.> Good for him. He can ride it until it falls apart and still come out with an outstanding gain. But why not just go to cash and buy large caps during the next bear market and go for 20%/year. <When you get a 71 3/4 point move in 1 day, if forces you to be a trader...> You may want to consider taking most of your profits and rotating into another one just beginning to break out. 007

To: SJS who wrote (6480)	1/11/1999 11:00:00 PM
From: drsvelte	Read Replies (2) \| Respond to of 14427

Steve: I read somewhere here on SI of a kid given $40K by his grandparents who traded it to 400K on the internuts! America - the land of opportunity!

To: SJS who wrote (6480)	1/11/1999 11:15:00 PM
From: Lucretius	Read Replies (4) \| Respond to of 14427

hee haw.... better keep that guy away from multi-story buildings in the coming weeks. (G) I continue to urge all to exit this mkt QUICKLY. Up till now things have been happening in slow motion, but I expect them to accelerate very soon. recall the things I was looking for back in Oct to cause a crash (that have just now come to pass). It took much longer than I expected, but it is happening. The bonfire that will become the US financial mkts is almost finished being built: 1. Long bond and dollar must sell off to tie Uncle Al's hands to where he cannot print cash to bail out his buddies... happening 2. Repatriation of cash by Japanese that was both in US stocks and bonds... happening. (in 1929 it was the British that sold into our rally all the way up to the peak cause their banks were insolvent... sound familiar?) 3. Utilities must crash w/ long bond.... getting close 4. gold must break out of its L-T downtrend and screw the short sellers causing them to sell their longs in stocks to cover... check the charts... we be gettin there. all of the pieces of the puzzle have come together; all we need now is a match to light the flame thrower: ... sentiment as measured by the put/call ratio is OBSCENE, as measure by the parabolic moves of the internuts... sentiment is OBSCENE... all providing the necessary gasoline to get the bonfire REALLY going what will the match that lights the fire be? : Brazil (Bovespa looks ready to hop of a cliff)? Uncle Al speaks on the 20th? internuts implode like the hull of the Titanic as she sunk deeper and deeper in the sea? simple exhaustion? who knows, the lesson is: get out NOW. Some have laughed before at my idea of us just opening down several hundred points and continuing to drop... it can and WILL happen I ASSURE you. The first time it may only be 300 points. When the real CRASH actually hits several weeks later... it could be 800 points. The judge is fast approaching. -Lucretius