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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?

To: Wolf 2 who wrote (3591)	10/28/2001 10:09:15 AM
From: country boy	Respond to of 4564

Hey Wolf: I'm slow responding to your last post, which so far is holding up with the "one time sucker-punch" idea. I'm thinking very similarly, though some other events have redirected me about 90 degrees: first the year and a half bear market, which has knocked the stuffing out of the market, far more than the 9-11 attacks; and secondly the cancer death of my Mom this August. I find myself now with very different directions and priorities from a year ago---more appropriate priorities I believe. Instead of thinking about IDTI's earnings shortfall, I'm concerned with the eye holes in my daughter's ghost costume not being big enough. Having been largely out of the market this year, I'm getting back in with a much more conservative and longer term approach. I've even bought a couple annuities that I always considered more my grandparent's fair (but they're paying 12% on money put into DCA 6 month programs which is attractive to me in this climate). In stepping back a bit, I'd rather be investing initially at these levels at the start of what I think is a new bull market, than having begun a year ago. I'm buying lots of funds instead of individual stocks. And just to satisfy that hint of wild side that still remains, I'm buy some Leaps for Jan. '03 on some smashed tech stocks. best to you, cb