Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: HairBall who wrote (31015)	10/9/1998 11:29:00 AM
From: Tom M	Read Replies (2) of 94695

Visual example of a slow grinding 1-year Bear impact: exchange2000.com This was the slow death of Adaptec, a company that "had" over 50 quarters of growth. Within a year, it got cut in half, then in half, then in half in a bull market . I have this stock in my gut (actually made out even or better on it) when I think of what can happen in an overall bear . I'm thinking there's a lot of bulls out there now who lived through the last year with at least one of these in their portfolio. I don't know how one can feel like still buying the dip! Boy does this explain the dichotomy with the holder's feelings of the "wealth creator" stocks ( eg Dell). I'm sure they feel it can never happen. No wonder "they" try to keep the leaders alive for hope. regards, Tom

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