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Politics : Politics for Conservatives
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To: Alan Smithee who wrote (124296)9/25/2025 4:41:36 PM
From: Stock Puppy   of 124813
 
Oh yes Netscape - it was so tempting, after watching it for a while, I was thinking of buying it, but my stockdar instinct was saying "no!" - fortunately I listened because I would have bought just before the plunge.

I did buy too many shares of another tech stock (on margin yet also - first time using margin) but fortunately it was stable enough to plunge, my stockdar told me to pay off enough to prevent a margin call and hold until recovery and I got out of that one overall as a wash.

That experience hardened me for other crashes, like in 2020 I bought some stocks dirt cheap and held my others which recovered and then some.

But I'm not rich - you might say I'm too conservative. :-)

After a while, stock market crashes are like this:
(trick is, don't stand on the trap door)

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