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Hi Caroline, I am glad to hear that you are doing fine. Even though I haven't posted for a couple of months I am a big fan of MDT, as a matter of fact it is my largest holding.It seems that October is long gone and all of a sudden everybody feels confident about the market. The next correction will seem to be different from the previous one, maybe the so called analysts will blame it on the rain forest. Corrections have always been part of the game, and everytime they happen we see these stock market fortune tellers telling us that they warned us about it, but they always forget to mention that they have missed the last 4000 points on the dow. If these gurus knew where the market was headed they wouldn't be on wall street telling people their opinion, They are there just to make people feel better or worst about a stock that they follow. Last monday we as investors had the pleasure to see the exchange halt trading because of a 550 point decline, the next time it happens lets hope its not around noon, that would only give us an hour for lunch and 3 more hours of market activity, not a good balanced diet. I personally think the stop is useless, the market will always end up going where it wants to go whether it is up or down. Caroline I basically responded to thank you for sharing your experience with MDT and to wish you the best of luck, I also had to put my 2 cents about the market. |
