VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: im a survivor who wrote (7257)	10/11/2000 12:09:07 PM
From: Percival 917	Read Replies (3) of 65232

Hi Keith, Remembering something my father used to say and that I have a hard time listening to, but we have to remember to look at these holdings of ours not on a daily basis or a weekly or monthly basis but more like yearly. If we have companies with good fundamentals and no new technology has come along that will displace our company's, then look at the long term and they will come back. It is just like that in business. Sure the receipts are down at this point or at that point, but how did you do for the year? I looked back at where I was this time last year and even though we have had 2 major Naz corrections I am still ahead of last year. To me that is all that matters. Yes, it would be nice to get out on top once in a while, but now to bail after all the damage has been done seems counterproductive to say the least. From here the upside looks more likely than further downside. BWITHDIK.<g> My biggest concern is how much these 2 reversals will make the average investor more gun shy than ever, about taking a plunge back into the stock market again. Later, Joel

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