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To: waverider who wrote (22717)	5/22/1998 3:08:00 PM
From: Timelord	Respond to of 95453

I know exactly what you're saying and feeling - got cut trying to catch falling knives last time - grasping at every turn up and saying it couldn't get any worse. Hang in, it will turn, just not when you want it to... Caution is the watchword. Good luck to all. Alex

To: waverider who wrote (22717)	5/22/1998 3:37:00 PM
From: Don Westermeyer	Respond to of 95453

Diamond, What most of our responses indicate is that we look way too often at stock quotes. That does nothing but work on one's nerves badly when the stock is sliding. And then when it's climbing, people (me especially) curse themselves for not having bought when the price was low. Few people rarely get in and out at exactly the right times. I wouldn't recommend being fully invested (I'm 50% cash myself), but now is a good time to add to positions - or maybe dollar-cost-average into a sector fund. It should be an interesting month.

To: waverider who wrote (22717)	5/22/1998 4:00:00 PM
From: RGinPG	Read Replies (1) \| Respond to of 95453

I still think the "weannie bears" are wrong. This is just a correction in a bull market, not the beginning of the end. Of course, I guess most of us would agree since we haven't sold all of our holdings. I think you are right though, it's going to take patience to make money in this sector. But it's hard to be patient when you're facing margin calls. I hope I remember this next time around.

To: waverider who wrote (22717)	5/22/1998 4:09:00 PM
From: The Ox	Read Replies (3) \| Respond to of 95453

*I made a mistake by buying more FGII and MDCO BEFORE letting the downdraft work itself out.* Diamond H, I disagree with your premise. You are talking like a trader since you are looking at the short term outcome of your purchases. I also added FGII and MDCO at higher levels then today's prices and I don't believe I made a *mistake*. I think that it is very easy to say, I should have stayed on the sidelines in retrospect. Both stocks looked like bargains and we both purchased them. Sure we could have held out but there was NO guarantee that the stock prices were going to fall to today's level. I will come back and repost your post and this one in a year from now when these stocks are at levels FAR ABOVE that of today, if you don't mind. Please take this post in the light hearted spirit that I'm writing it in! Good luck and hang tough, Michael