Jimmyo: My sentiments entirely. I can' believe what I am seeing.
I had to sell my Nextel last week, but I still follow it along with my real investments, MSFT and DELL. We are all in the same boat, how about sharing life jackets? I haven't worried this much ever, the best plans turn to crap in this market.
You and I were funny guys at one time, perhaps there is a lesson to be learned. My wife has been very silent all through the last few weeks, however, this morning see spoke. "If the market is making you this unhappy, perhaps you should do something about it". I told her that I wanted to sell out and quit, however, the market dropped so fast that my sell orders were constantly above the current price. Finally they got got so low that every stock out there seemed like a bargain. When I asked her for more money she gave me an evil look.
I looked in my desk and found a slip of paper that my secretary gave me when I complained that N dropped below $ 28 and I had a long position of 29. The note said "Nextel in a week 29 1/2, don't worry"
You might not have seen it Jimmy, but N dropped to 15 today, all I could think of was how envious I was that certain guys were able to buy in at that price. Now, it was possible for me to be one of those guys, however, the well was dry and Schwab was calling for more money, so, I missed out. The big question is, what's next?.........d
Lets hope........
Al G. (somehow this is not the time for being funny, ya know?)
I guess we can still wish and dream.<VBG> |
