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Politics : Formerly About Advanced Micro Devices
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To: Charles R who wrote (112610)5/25/2000 3:20:00 AM
From: JohnD   of 1576605
 
Chuck,

I feel that many people expect much more, and have much shorter time-spans in mind. I was a fully-invested, fully-margined, balls-to-the-wall player when Oct.,'87 happened. I went thru 3 quick margin calls, hung on(barely!), and was ahead by about 10% in 6 or 7 months. Now, I always have a cushion. If you really treat the market like like a trip to the casino, I feel you'll most likely end up the same way - losing. There are more logical ways to prosper, IMHO.

BTW, Japan just posted its 37th consecutive month of reduced consumer spending. Interesting comparison to our situation?

I agree w/you, there will be more rate increases~

Best of luck,
JohnD

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