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To: Lazlo Pierce who wrote (22548)5/20/1998 8:09:00 PM
From: waverider  Read Replies (2) | Respond to of 95453
 
Giving credit where credit is due...

Congrats to the wiennies who left our board awhile back for some of their predictions concerning a correction here. While not interested in market timing for my long term investing, the margin and option end of my portfolio needed more care and feeding. I cashed out there a couple weeks ago primarily due to the supporting arguments the bears had put before us.

That little move is what has allowed me to have some cash to cushion the rectal cleaning I've experienced the last few days. I'm saving the rest of the dry powder for more FGII...and Cisco if it EVER gets cheap again...and a case of Preparation H.

Still, I DON'T LIKE MY LONG POSITIONS being taken to the cleaners no matter how much fun it is to buy more at bargain prices.
Now knock it off to whom ever is responsible!

A few more experiences like this will turn me into a real MATURE investor ;)

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