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Non-Tech : The Critical Investing Workshop
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To: abuelita who wrote (12195)4/11/2000 9:56:00 PM
From: bobkansas  Read Replies (1) of 35685
 
With your sister feeling so bad
about the market...
such would seem to show we are closer
to the bottom than the top.
She may need to practice looking up rather than
down so to speak. (easiler to say than do)

For whatever it is worth, I would suggest that if she got into these stocks for the long term than she should keep the tv turned off as to CNBC, not check the stock daily,
do something for others so as to avoid self-pity, and agree with you that she should look at the stock price once every
30 days and see if the real story behind the companies she
has invested in has changed.

My main problems in life come from worry, self-pity, fear, and a few other things that are really all inside of me.

Making a decision to get out of the market when one is in a low state of being and low state of viewing life is almost always the wrong decision. In a low state of being one will sell at the bottom and the stock will come back up.

One should get out of a stock based on the same premise that one got into it. That is if one is in because they have a "gorilla" stock than that person should not get out unless the stock is losing it's "gorilla status".

She appears to be wanting to get out for the wrong reason.

Just by 2 cents worth (if even that). If anything above helps please use it...otherwise junk what I just said.

Best regards to you and your sister,

Bob
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