The "Digging" Report Q4 2000

December 29, 2000

My Personal "Mutual Fund" OTC:RASXX

Note: OTC means Over The Counter. The ticker symbol is fictitious; please don't ask your broker to buy it. In the rare event that such a ticker does exist please inform me at once, in order to change it. I don't want to mislead anyone.

More red ink as the bear market continues to knock stocks down. All rally attempts had failed and led the way to lower points. Looks like there is no bottom in sight, yet. The year ended in a blue note and the economic outlook for the near term continues to be bleak and lower levels for stocks may be expected. For the year, the fund "outperformed" the NASDAQ but continues to trail the S&P500 and the Dow. The long term picture is even worse.

Performance as of 12/29/2000

NAV: 16.63

* Annualized compound return

The 1, 3, 5 and 10 year periods are counted backwards starting from the report date

Performance is before personal taxes. Maintenance and research costs (my personal time doing the accounting, trading and web publishing; time spent on the web and investment books) are not taken into consideration.

Freedometer ratio: 2.38%

Scale: 0-10 Worthless slave; 11-25 Rank and file; 26-40 Lowest level privileged; 41-75 Candidate for temporal release; 76-99 Almost free on parole; 100+ § A free person!

§ Unless you can't make ends meet with your present salary.

Quarter to date

Year to date

Since Inception

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