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Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?

To: Janice Shell who wrote (24897)	9/13/1998 8:21:00 PM
From: Impristine	Read Replies (1) \| Respond to of 108807

please help me..... Subject 22846

To: Janice Shell who wrote (24897)	9/14/1998 10:44:00 PM
From: Grainne	Read Replies (1) \| Respond to of 108807

Well, Janice, one of the things that news programs have been showing a lot of the past few days is European newspaper coverage of the scandal. Aside from the typical remark that we Americans are lucky to have the luxury of thinking something like this is important, when so many people everywhere are at war or living under tyranny or starving to death, it does look like the seriousness of this politically is beginning to sink in over there. I would agree with your Italians that Clinton is a moron, with no style. He managed to ruin his presidency over a relationship where no one ever closed a door, sex was had furtively in hallways in a few moments, there was no wonderful nudity or food or wine or any sensual enhancements at all, no snuggling afterwards, and they never even got to go to a movie together, or for a long walk. I must say that I am very proud to be an American this week, because we have a society that is so open that we can risk having all our dirty underwear blowing in the world breezes, right out there on the Internet, and still be reasonably assured that there will not be a military takeover or a revolution. Our concepts of freedom really shine in moments like this. And Ken Starr has a rollicking sense of humor or something, pulling this off!! I learned about bulletin board stocks the hard way, when some of my picks ended up in the penny category because of fraud and floorless convertibles. I am also becoming much more aware of strategies for making money in the market, as I see so many ones failing. I spent the weekend reading a lot of threads, seeing people whose retirement has been put off because of debacles like Globalstar satellites not launching, or on other formerly really high flyers whose value has sunk a lot lately, while people continue to hold them. I used to think buy and hold really made sense for quality stocks, but now if you look at everyone who is willing to share their experiences, it seems like selling things when you have made a good profit, and keeping stop losses on everything all the time maybe at 10-15% down, preserves more gain over the long run. Horrible things happen even to good companies, and good markets, and it is pretty unpredictable sometimes. I really am going to try not to think so much of tax implications in the future, and more about raw profits. After all, owing tax at least means you made money on the deal! Are you writing a book about bulletin board stocks or something? That would be a good read!