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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: im a survivor who wrote (20027)	11/28/2000 12:03:26 PM
From: edamo	Read Replies (1) \| Respond to of 65232

keith...."want to buy" if you are setting long term positions, and funding the positions with cash and no margin borrowing....then a simple question must be asked: "if i buy today, will the price ever in my lifetime be higher".......sometimes short term vision prevents us from seeing clearly....better not to pay attention to every tick...... if you are not on margin, your equity may diminish, but your hand will not be forced to move at an unfavorable moment.... basic and obvious....anyone who believes this is the end of the world in equity markets, is not lucid.....just look at a long term chart of the dow, nasdaq, or even the amex.....it keeps on going up.....even qqq has had a 40% gain over the past two years.....15-20% per annum ain't chump change...use the rule of 72 to see how it adds up... good luck....go have a pizza... ed a.