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To: James Strauss who wrote (2599)8/29/1998 8:24:00 PM
From: JEB  Read Replies (1) | Respond to of 119973
 
That's a healthy perspective to keep on the market direction. Planning for a crash or serious drop will keep you on your toes. A word to the wise would be to wait till the bottom forms and a clear market trend is established before jumping right in on a bull run. Just in case it is not just a bear trap.

BTW - I admit in my youth I had my head buried in the Genentech sand.

The stock was (supposedly)(IMO) being manipulated and the trading swings were dramatic. I was mesmerized and no other stock or the market mattered. Only my GNE.

Yes, I fell in love!

And then one dark and stormy Monday GNE was gone. Fallen down a deep hole. I crawled in after her and invested more of my capital hoping to lift her spirits. It worked. It worked so well within a few months GNE flew past where GNE had been prior to the hole incident and well on towards GNE's next split.

I love happy endings, don't you? (as I wipe a tear away)



To: James Strauss who wrote (2599)8/29/1998 8:29:00 PM
From: JEB  Read Replies (1) | Respond to of 119973
 
You forgot to mention the Dow Theory has been tripped recently, several times, in both directions.