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To: pooh who wrote (34268)9/8/2000 10:34:27 PM
From: Alski  Read Replies (1) | Respond to of 57584
 
Uh, pooh, don't forget triple witching is Sept 15. There's often a lot of volatility associated with that.
FWIW...Alski



To: pooh who wrote (34268)9/8/2000 11:52:46 PM
From: American Spirit  Read Replies (1) | Respond to of 57584
 
Yes people, never forget, lows are the time to buy, not the time to get scared and give up. I notice that whenever there's a sell-off human nature is to get paralyzed and afraid to buy. Well that makes sense for awhile but when certain stocks at least are clearly-clearly undervalued and way-oversold it does make sense to load up when no one else is. Same is true for selling when everyone's talking as we're going to Naz 5000 again. Now if we can just re-train our minds to think this way. I'm trying. depiste my many mistakes I did buy up to my margin limit on every black monday or thursday or whatever. And guess what? I bought almost up to it at the end of the day today. Fingers crossed. And trying to be a little patient. Just hold now. How many times did I know I was getting a great stock for peanuts then sell on the first rally or even worse the next dip? I'd be filthy rich if I had held some of the good ones. Of course you never quite know which ones the truly good ones are. Therein lies the rub.

Some of my historic buys I sold after small gains.
AAPL at 20, CIEN at 8, ORCL at 21, SUNW at 37, QCOM at 56 (pre-splits), MRVC at 11, etc. In every one of those cases there was a sudden air of hopelessness on a bad day. I thought I'd do the smart thing and grab a quick profit.
Of course there are also those I'm damn glad I sold.
Therein lies the rub again. Is there anything to learn from this at all? ggg