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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Percival 917 who wrote (7265)10/11/2000 12:27:03 PM
From: im a survivor  Read Replies (2) of 65232
 
<<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>
>>

Thanks for the thoughts Joel....but one of the most depressing things I am goong thru is when I look back....I am currently at my lowest point.....ever, in the market. I know many were smart enough to pull gains early in the year, I didnt. I figured " look how easy it's been " and I got greedy like I think many did and instead of being prudent and locking in gains, I tried to do it all and got decimated.

Anyway, thanks for the thoughts...I am still hanging in...not selling.......

Keith@blindedbymyownfreakingignorance.com
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