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To: waverider who wrote (3694)	10/4/1998 1:33:00 AM
From: Seaworthy Lyric	Respond to of 14427

Diamond, No big surprise there.... The problem with these companies is that while they are cheap in comparison to the rest of the market it is just possible that they have not seen midnight hour yet....I might be wrong here, but the bull though timid is still the king of the street.....and the real bleeding will not start till fear shows her ugly face.... ...which brings us to your second point, have you noticed how every time the markets drop 2 to 3 % we are all bombarded with advice to hold on and weather out the storms ahead....that's nice if you bought CPQ in the 80's, but what if you are one of those brave souls who held on to all those other box makers.... Jerry

To: waverider who wrote (3694)	10/4/1998 8:03:00 PM
From: NucTrader	Read Replies (1) \| Respond to of 14427

"For many investors, buy and hold is the ONLY strategy that makes sense." Mark Hulbert of Hulbert Financial Digest pointed out last year that "buy and hold" was so predominant as a market mentality that he thought the market was near a top. He went on to say that in any of the previous bear market bottoms in this country, "market timing" was the predominant philosophy, and you couldn't find a "buy and holder". Contrarian indicator when it gets to extremes.