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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Guidothecat who wrote (7207)	2/9/1999 2:41:00 PM
From: JW Steve	Read Replies (2) of 27722

More food for thought I was thinking about the whole correction process and how hard it is for me not to bail out of my stocks and try to buy back in lower. However, after thinking about it, I realized the following; If you think that the stocks you are holding are going to rebound to their current levels, you have absolutely no reason to sell anything. If you believe that and it's true, you cannot lose (unless you get a margin call). However, of all the people that scramble and sell out, some win by selling high and buying back in lower. But that money basically comes from the other people who scramble to sell and are just a little bit late. So basically, if you are selling, you are playing with fire. If you stand pat, you should be OK. So ask yourself, is there anyone among us who doesn't think NAVR will see 20 again over the next couple months (besides the shorties)? Look at the last correction when Japan shed trillions of dollars in a couple weeks. Try and find some companies that didn't rebound to their pre-correction prices. You wil be hard pressed to find them. enough ranting. looks like I'll have a salad today, only green I will likely see. jw steve

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