<<from 3278, it's much easier to get to 4278 than 2278, unless i misunderstand evolution.>>
Wow, that comment brought a chill....I remember when naz went for 5400 or so ( wherever it was at it's high ) and crashed down to 4200. First, of all, I like alot of others bought like crazy. Wasnt high on margin until 4200 because I didnt want to extend margin unless I felt like a bottom was in place. Well, it wasn't, and thats what cause me, and many others to lose their ass. You buy when you feel a bottom has been hit. Many did that, and many got burned. Anyway, I remember when we hit 4200.....I dont remember which thread, but there was alot of doom and gloom and I remember somebody making the comment "we will go from 4200 to 5200 a whole lot easier then 4200 - 3200, and I'll bet every red cent I have on it"........well, I am sure that poster doesnt have many red cents left. At the time, I felt the same way....at 4200, we had been whacked, I in no way thought it could get worse...and boy was I wrong.
Anyway.......hoping hard for and end of year rally to the upside.
Keith |