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Technology Stocks : Western Digital (WDC) -- Ignore unavailable to you. Want to Upgrade?


To: Glenn D. Rudolph who wrote (7654)11/16/1997 9:26:00 PM
From: john david martin  Read Replies (1) | Respond to of 11057
 
Japan up almost a 1,000 points if they finish the day like this WDC will probably open at 25 tomorrow morning.



To: Glenn D. Rudolph who wrote (7654)11/16/1997 11:52:00 PM
From: Thomas George Warner  Read Replies (4) | Respond to of 11057
 
glen I have kept very accurate trade records since the day I started investing in the stock market. there was a time when I got very upset after buying a stock and than watching it either drop abruptly by 30-50% or to die a slow death. I usually capitulated and sold at a big loss.

As I gained information on the trades that I had made I soon realized that the majority of the fundamentally sound companies quickly rebounded to surpass its previous highs.

I am down 40% on APM and WDC but am not worried since I know that they are fundamentlly strong companies. I did extensive research on them before buying and the numbers have not critically changed. They will rebound soon and get even stronger.

Here is a good article that I found some time ago that may help a little, "I bought just before the market dropped", by marshall Delano..

investorama.com

Keep investing and hope you recover everything that you lost next week.