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To: freeus who wrote (14170)	1/5/2000 1:48:00 PM
From: RocketMan	Respond to of 54805

I agree with the lack of panic, and think that is because we are seeing this as a correction, and possibly an oversold one, rather than a structural problem. Sept/Oct 98 was structural, and was scary, when it appeared the entire world economy was coming apart at the seams. Last August the problem was one of rising interest rates and the fear of inflation, which has to yet materialize. What do we have today? - An economy hitting on all cylinders. - A worldwide economic recovery. - Little if any inflation. - Increasing acceptance of the technological paradigm shift in society (internet, broadband, wireless) - Y2K fears gone away. So what is left to scare the small investor? Nothing but the selloff itself, which after two, three, or four times of going through these selloff they become less fearful.

To: freeus who wrote (14170)	1/5/2000 2:20:00 PM
From: 100cfm	Read Replies (1) \| Respond to of 54805

<1. I know the companies I am invested in and believe that they are companies that will continue growing 2. I have little margin debt compared to the total monies my portfolio has accumulated 3. I now view corrections as an opportunity to buy more shares or LEAPS or companies I invest in and 4. I have a smaller number of stocks and most of them I know well and follow daily.> Freeus, four excellent points. They should br memorized and repeated hourly on days like yesterday and today. I am happy to say that I even comply with #2 thanks to a nudge from our favorite thread uncle last week. Just a thought on Q's drop. Remember a person who bought 100 shares in 99 and defered taxes to 2000 is now selling 400 shares and the person buying 100 shares who was waiting for a dip or the split is still only buying 100 shares. Thus a 4 to 1 imbalance. This to shall pass. 100