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To: jhg_in_kc who wrote (2046)6/19/2001 8:25:12 PM
From: freeus  Respond to of 13815
 
re I said to myself sell all then didn't after the election
Actually we should have been out on the day after elections because of the lack of certainty which Wall St hates. Also the first two years of a new pres traditionally are bad for the stock market.
I said to myself sell all when qcom went up 156 in one day. If that wasn't a bubble I don't know what is...I allowed myself to get talked out of it because at that time I was following people and had not set a sure set of ideas for myself. then I panicked and was paralyzed. I turned a $800,000 account last April into a $40,000 account today.
I didn't obey the dictum: preserve your capital in order to trade or invest another day.
Freeus