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To: ahhaha who wrote (10136)	6/3/1999 10:19:00 PM
From: KHS	Read Replies (1) \| Respond to of 29970

ahhaha, You seem very knowledgeable, nobody, but nobody really knows how things will go in the near term. Secondly, forecasting a recession is very difficult to do. Won't know until we are already in one!

To: ahhaha who wrote (10136)	6/3/1999 10:22:00 PM
From: Badshah J.Wazir	Read Replies (2) \| Respond to of 29970

ahhaha, I have read your postings emphasizing preservation of capital. I wonder at what level you would consider re-entry? Do you use TA or fundamentals, but what fundamentals? I appreciate your comments and mostly agree and I am currently 50% in cash. No Internet stocks. Someone suggested 50-60% retracement of last 12 months gain! any thoughts. Badshah