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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (13209)10/30/1997 1:05:00 PM
From: Riskmgmt  Respond to of 50167
 
Ray- This is what I am trying to do- to let people know the reality and I know to
write when SP is down limit that 'buy dips' is my best service-


This is my point you are doing a great job. The short term swings are impossible to predict 100% of the time it is the reviewing and validating of the fundermentals which gives one the courage to hold long or add on dips. To keep ones head while those about you lose theirs.

As far as individual stocks and timing, I have done great in some Citrix for example and terrible in others-Ascend and Fore. Both companies IMHO have turned the corner and should be much higher in 3 or 4 months but I have been wrong on timing before. Ascend in particular has dropped from 40's to high 20's. I am staying long and probably should add. What is your take on it, I know that you used to like it?

Regards,

Ray