America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Frank Ellis Morris who wrote (19927)	6/3/1999 4:46:00 PM
From: Mare Britton	Read Replies (1) of 41369

Monitoring the economy and continuously adjusting interest rates can be viewed as no different from someone in a plant adjusting water pressure or various valves to keep things working smoothly. It's partly the exaggerated reactions of institutional buyers who are anxiety-driven and competitive to an extreme that causes investors like us to suffer. Perhaps Greenspan should just keep his mouth shut and only comment after he has raised rates. It's his lengthy preambles and the pedantic analyses that people read into that cause marketjitters. He should leave his analyses for occasional media interviews, when requested that is. Just my take on greenspan. If I had cash to play this market, I would not be feeling so low right now. Lesson here is leave cash for next market pull-back, focus on occasional day or 2-day trades and wait for this thing to play itself out. And for people over- margined, keep some margin, so you can sell Aol and get back in again when its lower, to ride back up again. The whole thing is panning out as a lesson in self-discipline for me. (bought in 30's) But the comments on this board are very useful and I'm grateful to many of the regulars here.

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