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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: smolejv@gmx.net who wrote (1604)	12/19/1997 5:37:00 AM
From: Berney	Read Replies (2) \| Respond to of 11051

Janko, Let's first establish that we are definitely and decidedly kindred spirits, and most importantly, fellow Dudes. Until 3 years ago, I spendt the bulk of my time umpiring little league bassball games (a book in itself) and otherwise involved in youth activities. Frankly, the time was was incredibly well spendt but left me very short of dollars. But I chose this path fully understanding the issues involved and, further, I have no regrets. If I die tonight I'd be fulfilled!!! How many people can say this? Never quite made it to Mensa, but then I didn't try as it wasn't important to me. So what? I'm only saying that we have to establish a comfort zone. The times that I and my clients have been hurt the most is when I deviate from my comfort zone for whatever reason. I'm leaving the money mgmt business 12/31 because my market timing sucks. I always told my devote followers that the beauty of the market is that Mr. Index quickly and efficiently lets you know how you are performing. I've learned if you cannot beat Mr Index just buy SPY. It's the best of all worlds -- tax efficiency and market returns. But then, I have to put my head on the pillow and sleep well. Nonetheless, I'll be back and with a vengence. The lessons I've learned have stuck! Most importantantly, I believe in Graham -- do not overpay for future expectations. If a company is selling at x times earnings, why should one pay more than that. The downside risk is just too great. A fellow Dude with nothing to gain but Maslow Level 4!!! Good Investing to you!!! Berney