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To: Voltaire who wrote (32012)9/6/2000 4:46:28 PM
From: im a survivor  Read Replies (5) | Respond to of 35685
 
<<We just had a whale of an August so a little short profit taking is in order i suppose. Sometimes you are a little hard on yourself, but we'll be back.
GL
Dutch>>

Dutch.... Yea, I know we just had a whale of an August....I keep reading how it was the best August ever. Thats kind of scary when I think about it...."best august ever"....and I am in quality ( sunw, intc, rmbs, sndk and etc, etc....) stocks, yet somehow, this market keeps kicking my ass. Yes, I also know I am hard on myself at times...hell, most of the time, but not nearly as hard as this market is on me<lol>

<<the problem with a two steps forward and one step back market is that you are gradually ascending and do not realize it and this takes the fire out of you then you look up in Jan. and go jeeez, we are at 5000, how did that happen.>>

Tom........Man, this is one helluva staircase <lol>. I see your point about the two step forward, one step backward routine, but to me, it seems like we take two teeny-weeny steps forward and then a giant backward sommersault. I'll gladly take naz 5000 by January, and I hope when we hit that level, my portfolio reflects the rise, but somehow, someway, I keep managing to screw things up this year. Doesn't really matter what the stock is, I seem to always buy at the wrong time, sell at the wrong time, cover at the wrong time, not cover at the wrong time, not sell at the wrong time and etc, etc.....man, the minute I sell, the company ( any company <ggg> ) will announce record earnings...the minute I buy, FUD pops up in the form of lawsuits or other crap. If I clear out of margin, the market will rise steadily. If I go out on margin, the market ( well, at least the stocks that I own ) will collapse around me. This has been the most un-real year I have ever experienced in my 36 years. I keep thinking I will wake up one day and this will all be a distant memory, but the problem is, I havent had a good night's sleep this year, so i know it's not a dream <lol>.

Anyway, I am being patient and trying to stay optimistic here. It seem's like everybody is so happy with this market, but in fact what it really is is the fact that most people don't post when they are getting their ass kicked....The folks that post are the one's that have capital and are able to take advantage of these types of swings. They laugh in the face of danger. I used to be one of those people. This year has changed that and slapped me with a big dose of reality. But I hope to remain patient and one day get that edge back.

keith@bringonjanuary.com