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To: Probart who wrote (12343)	8/4/1999 3:32:00 PM
From: AmericanVoter	Read Replies (2) \| Respond to of 19700

if and when that happens, how do you know that it will end there that you feel comfortable buying with the assumption that you will not see any paper loss..? I've been averaging down, and my approach is that if I end up with more shares than I would like to keep for the long term, I will just sell the higher cost basis when it rallies... best regards amein

To: Probart who wrote (12343)	8/4/1999 4:09:00 PM
From: Zeem	Respond to of 19700

Probart - I'm the one standing behind you waiting to buy in the sixties. I know of several people on SI who bought new SUV's (me) last year who will not be buying cr*p this year! I think we'll start to see an impact on the Auto Makers quarters after the first of the year. I expect to to see a lessening of the fear of inflation towards the later part of 99 into 2000. Things I and my colleague Dr. Mike put on hold this year; Sailboat - used (approx. 78,000 each, dock fee 2,000 beer, ice, food, etc 3,000 for season), New SUV for Dr. Mike 30,000 (I already bought mine), One 40 acre mini-farm 170,000 (me). In our little town we intend contribute to reducing inflation by not spending any additional monies. Oh, layoff one worker from the clinic (save 32,000 + 180 per month health insurance). She won't be buying anything additional either. Everything is interrelated in the economy, they may get more than they bargained for (ression)! <grin>