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Pastimes : Home on the range where the buffalo roam

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To: freeus who wrote (6004)	2/6/2002 11:48:45 PM
From: Sig	Read Replies (2) of 13815

Re Nice closing to buy Its unfortunate there is one peril we face in owning appreciated mo-mo stocks They are deeper dippers in a bad market I chose to dump a bunch of those deep dippers at dawn since I was over-invested for comfort in the long haul. I have no problem with the performance of the companies and would have kept them otherwise. I think we have to assume every rally from now on will be followed by a dip. Because each time the market tanks in recent style, the bears get more money and more control. And they made a bundle off this last one. Would like to see investing get easier,as it was once in the past- but its not going to happen. The experts today can now trade pre-market in Europe, post- market in afterhours, and manipulate stocks versus options. And they get the news sooner than we do. Looking LTBH is the proper attitude, but must allow for much volatility The solution for me is to have greater liquidity and I am back down to only 3 or 4 major holdings . Sig

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