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Non-Tech : Invest / LTD
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To: Peter V who wrote (2197)8/27/1998 2:55:00 PM
From: Thean  Read Replies (2) of 14427
 
Pete, we cannot deny the existence of your friend and his/her current belief. Time may change that. I don't know if you have been an investor of the drillers within the last year but even today when a lot of these drillers have corrected 80-90% from their highs last year we still see a lot of people in denial all the way down. That is the fact of life and those who have only one track mind will end up paying those who are more nimble their hard earned money. Let them be. If they are all like us, life will not be so easy... <gg>

Covered WPI and UN today.

Bought TWLB put instead. Still hold puts on KRB and AFS. And the biggest sucker of them all, MRK. And of course, the hopeless evil tower. Who said I ain't long term investor..., I sell-and-hold it all the way from $42 with 3 trades.
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