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To: yard_man who wrote (7081)9/28/1998 2:46:00 PM
From: Joseph G.  Read Replies (1) | Respond to of 86076
 
<<been that way for a while>> yes, and it hints at a bear market rally, not new bull(&^$&*);

<<I think in the next month or so it has to resolve one way or the other. >>
I'd give them 10 days at the most ...



To: yard_man who wrote (7081)9/28/1998 7:06:00 PM
From: Ilaine  Read Replies (2) | Respond to of 86076
 
>>Makes me wonder at the hurt small investors are taking. Everybody may own a chunk of the NAZ 5, but someone has to own the others which are not coming back from April. When will they throw in the towel?<<

This small investor took 1/3 off the table on August 1, and half off the table at 9:30 a.m. August 31. I am down about 15%, real capital loss, and vacillate between kicking myself in the rear for not cashing out in July, and kicking myself in the rear for not hanging in there, because if I had hung in there, a lot of my stocks would have come back somewhat (AT&T, for example). On the other hand, some are still heading down and down and down.

I think I could be the poster child for making all the wrong moves, you know, the bad example that you hold up and compare to the good example.

I have to keep reminding myself that I just started investing in June, 1998, and had no idea what I was in for. Everyone else I know started during the bull market, and they kept telling me,

"You're in it for the long haul! You can't time the market! Buy the dips!" Etc., etc., etc.

Well, I have a new mantra: Don't follow a bubble down.

That said, I am not throwing in the towel. I am sitting on the sidelines, waiting for enlightenment.