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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (40135)	1/5/2001 4:43:22 PM
From: donald sew	Read Replies (2) \| Respond to of 42787

Paul, OFF TOPIC Got to tell a funny story. Yesterday I went to a car auction, which I frequent often. On the auction block came a beautiful 1999 PORSCH BOXTER with only 6,000 miles on it. Absolutely perfect condition. So the bidding started at 50K, then 40K, then 30K with no takers. Then the auctioneer called 25,000 and still no taker. I knew that the the trade-in value per Kelly Blue-book was around 35,000-40,000, so I said what the heck and made the first bid at 25k with no intention of buying - just for fun. Normally once the start point is set then the bidding moves very quickly and I suspected that it would get to around 30-35K in a few seconds. Well, a few seconds went buy and Im still the lone bidder. A few more seconds went buy and Im still the lone bidder. I must also add that I do not have the full 25k available in cash(due the next day). Now Im starting to lose control of my body functions and about to do a number 1 and 2 in my pants. Then I was quickly thinking of what I have to liquidate in the market to come up with the funds. A few more seconds went buy and still at 25K, and now Im getting looks from the crowd and bidding dealers - couldnt tell if they thought I was getting a great deal or whether I was a sucker/fool. FINALLY!!!!! Someone raised the bid and it slowly got to 30K. SHEW!!!!!! At 30k it was "subject to" and bid of 30K was too low for the bank, but I didnt know that while holding onto a 25k bid, with no available cash. ggggggggg If my daughter was with me, who normally accompanies me to these auctions, she would have been kicking me and beating my head in. ggggggggggggg Guess I was going through a mid-life crisis bidding on that porsche. ggggggggg I better stick to the market, than bidder on cars I shouldnt be driving. ggggg