Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (36238)	7/18/2003 10:06:27 PM
From: pezz	Read Replies (3) of 74559

<<you are as cool as a tomato.>> LOL you wouldn't say that if you had seen me bumbling at my computer as I tried to sell (at one point even more than I had )... <<If my NAV had shriveled by 15% in one day, I would ..>> Of course your investments are structured so as to provide a maximum defense against this sorta thing ....Mine are designed for maximum gain thus it carries more risk. I must accept the bad with the good. The only defense I understand is cash reserves...I had about 26% cash yesterday morning. <<surviving the danger period of damage, or, well, you know, having just bought a new jeep.>> Ya know for a coupla months after the accident whenever I went around a curve fast enough to feel that little tug that'cha get ....I would say aloud "OHHH ...GOD" In this case Fortunately I had an exceptional week the prior week and the prior day as well so I felt some what cushioned ..... Back to the game Today's report increased my position in ENWV by 50% @ 4.97

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