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To: GraceZ who wrote (157009)3/25/2002 12:14:10 PM
From: Knighty Tin  Respond to of 436258
 
Grace, You hit the nail on the head. One of my friends from civil service days used to claim that he never lost money on his mutual fund purchases. Because he never sold the losers. <g> That is a dumb strategy, but it actually makes more sense for funds than for individual stocks.