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To: John Koligman who wrote (161069)	9/25/2000 10:31:01 PM
From: Meathead	Read Replies (1) \| Respond to of 176387

Re: The whole market is SCREWED up and irrational... Too bad StkWin's epiphany came AFTER losing 80% of his/her portfolio's value. I hate to hear of this happening to anybody. But it underscores a few important points about investing that are worth repeating. First, there is no such thing as a SAFE stock. Second, the market does not value stocks rationally and third, the analysts are indeed F.O.S. MEATHEAD

To: John Koligman who wrote (161069)	9/25/2000 10:31:29 PM
From: rudedog	Read Replies (2) \| Respond to of 176387

John - another good argument for buy and hold... and also maybe for a little diversification. I have made some mistakes this year but am still up a few percent on the equity base YTD, and nearly 20% if options gains are included. I don't have any T but LU is the current worst dog in the kennel. Whatever this poor guy was doing, it is probably a case study in chasing your losses, catching falling knives, etc. Or maybe he was big into internet high flyers - I have a small position in a couple of those and they are currently down to 30% of what I bought them for, and 10% of their highs just a few short months ago.