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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (31522)	8/25/1998 10:03:00 PM
From: Investor2	Read Replies (3) \| Respond to of 132070

Re: "If they bought the dip with the unprecedented 100 point trade off in the Dow, they got rewarded with a 500 point dip the next trading day." Yes, if they bought that first day with the Dow at about 2,500, they paid 500 points too much. However, even so, they would have made a nice return if they held until now. By the way, I remember that day well. My good friend at work was heavily margined. All day long, he was getting margin calls from his broker. He was quite a mess by the end of the day, having lost much of his investment pool. On the other hand, I was buying like crazy! I just LOVE to buy the dips; especially big dips like that. The profits from my buys that day made a very nice downpayment on my house. Best wishes, I2