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I will always try to remember that drop to the 150s (as I think all Q investors who are not of the Rip Van Winkle persuasion should), as well as the earlier drop to 137, and the drop before that to 89, and the drop before that to 62...Going forward, I believe the market will continue to present us with great buying opportunities. In the context of the moment as it unfolds, one can feel immobilized by the fear of the FUDcasters, or engage in self-flagellation (why the hell didn't I sell out at 80/112/167/198?, didn't I KNOW it was going to drop?). By recalling similar past instances of volatility, perhaps one can stay cool enough to make some aggressive moves when the going gets tough. On the other hand, when we start heading higher and higher, there is less meat in the move left, so better to go more conservative (for me, that's common and LEAPS). Still, lunch money's fun to play with at all times of year. Greg |
