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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: bw who wrote (8360)	4/25/1999 11:56:00 AM
From: SJS	Read Replies (1) \| Respond to of 14427

I still own some of that GLM....Made a nice comeback, but still a shell of it's former self. Definitely a LT investment. Where to from here? Many think this fast upswing isn't sustainable, or even maintainable at current levels... I think I remember Thean mentioning a few weeks ago that this appears like it's working in 15% upswings and downswings currently. I think we are at a high right now, although we haven't yet heard of the "cheating" if any, which would push down the "house of cards". Thean, do you have any updates on that prognostication? It seems that you've called this right so far.... I think I will wait for a downswing, and then use the opportunity to write some puts to add to my positions. Most likely I will just keep the premiums... FYI: CAM up 47.5% YTD, GLM up 52.78% YTD Comments? Steve