To: Venkie who wrote (8451 ) 7/29/2002 4:15:26 PM From: im a survivor Respond to yep....I didnt expect a solid monday either....expected a moderately higher open and red by lunch, with the low at the close.....got the exact opposite <ggg>.....Now, do we go up from here, or do the shorts and profit takers cause a re-test or breach of previous bottom...that is the magic question.....I guess I am happy either way.....On one hand, I am fully vested, and have bought alot of the dips so have lowered my average cost on alot of stocks considerably....so if we go up, I am OK with that.....on the flip side....I still have some dry powder, with more hopefully arriving over the next 2 months or so, and sure wouldnt mind more of most every stock I have, give or take one or two.....so, I'm OK with up, and will be OK with down as well, as down just means cheaper prices on the stocks I want......and just think.....the dow is up over 1000 points in less then a week.....something like 15% or thereabouts.....and this is not the volatile Naz we are talking about...this is the boring dow....15% gain in about a week.....not too shabby for those that had the guts to buy.....so, my motto is just gonna be ...go with the flow....if it's up, I'll kick back and enjoy....if it's down, I'll happily buy more BEAS at $4, RFMD at $4, SUNW at $3, EXTR at $5 and etc, etc, etc, etc......and if it's sideways, I'll just be patient...not chase a thing and let the prices come to me, and build for the future....at 38, I am hoping in 20 years, this bleak, nauseating <ggg> time, will not be remembered as it feels right now...nauseating.....but instead, I hope it turns out in 20 years to have been a bright thing to do.....buy U.S. Equities at 5 - 7 year lows...only time will tell....Me? I looked at this too long with the wrong perspective, which was negative, negative, negative......why do we want everything on sale, except stock.....2 or 3 years ago, if you had been given the chance to buy sunw at $3 or JNPR at $4, you would have been all over it....but because of the plunge, most are down and out and depressed and sick of watching it go down everyday......but, my new attitude is simple....the lower it goes, the more of an opportunity it is....so, forget the negatives...think positive....and bring everything down as low as they want....I am stocked with dry powder and will use this as an opportunity, rather then cry about how cheap everything is.....20 years from now, I will be broke and homeless, or happy I bought the "bear market of the early 2000's"...Like I said....only time will tell.....good luck to all.,.....
