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Pastimes : Home on the range where the buffalo roam

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To: Sig who wrote (13016)	5/19/2004 8:17:14 AM
From: D.B. Cooper	Read Replies (1) of 13815

this last two weeks for us has been brutal also. some our biggest losses in years. We have never been this exposed. Penni is usually sitting at maybe 50% in the market. She has our long term holds and all the "good stocks". She has come all in as they say at this bouncing along this imagenary bottom and hasn't sold. I just try swing trades ranging from a couple of hrs to weeks in the garbage. Most of our living was made in the big bull and is pretty well protected now in fixed income etc. But this new exposure has hurt. You sure go down faster then you come up. I don't know the exact count of shares in, but for a old country boy rasied on a farm by a Dad that made it through the depression. He would whip my hide if he knew what his son was doing. We will be selling a lot IF these stocks go past our price that we have set. we will be selling with trailing stops in affect from today. the price of gas has to be factored in now for the lower and mid income familes. I don't know how with this much credit that America carries that they can handle this shock. Sig some of these companies are creating great earnings. Take AMAT which we still have a small position from before the bull years. Been carrying that stock for years. They had great earnings and after hrs last night they where down what .05. Gimmie a break. The longer I trade the more confinced this market is rigged. LTB and hold is out forever in this house. Bank on that. I voted for this president but this war without finding WMD and Hallburent has got me bugged. I will most likely vote Nader this time. Senators from Mass. bother me for some reason. I mostly don't talk about much politcs or religion, I learned that lesson in the service Well its 500am here on the West Coast and everyone is asleep. Going to down to the kitchen and make a pot of coffee and get ready. My spell checker has crapped so exuse the usual mistakes Take Care

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