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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: Lazarus_Long who wrote (3439)11/28/2001 1:20:26 PM
From: Oral Roberts  Read Replies (1) | Respond to of 23786
 
I would guess chapter 11. I believe the downgrade to junk means they have to pay off a pile of loans immediately which of course they can't do.

Classic example of why buy and hold no matter what is just plain stupid sometimes. I am hooked up with some family that believe buy and hold is the only course and I am 1 vote out of 5. Still holding the LU that we received in the breakup. Sure as hell didn't want to sell that through 3 warnings in about as many days because it will surely go back to 65 from the 45 it was then. I doubt I will live long enough to see 45 again much less 65:(