VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: edamo who wrote (31655)	2/22/2001 7:52:53 AM
From: Clappy	Read Replies (1) of 65232

i hope that tom, and any who believe that easy money is attainable in downward momentum issues, can recover some capital.... I don't think Tom or anyone around here thinks that easy money can be made in downward momentum issues. I don't think that is the message he conveys. Seeing the Naz near the previous low makes me think that averaging in here can't be all that bad of an idea. Especially when looking at a long term picture. Seeing how the market has treated the low PE techs just as bad as the high PE techs in 2001, it's seems difficult to determine who will be the winner 1-2 years out. Look 3-5 years out and do you want to hold a company who has limited potential or unlimited potential? It certainly isn't wise to bet the ranch on these high flyers, but would averaging in here be all that crazy of an idea? -Clappy P.S. Welcome back Tom. When I saw the porch on the top 5 threads, I knew that you must have returned. Good to see you.

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