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To: rairden who wrote (16130)	12/4/1998 11:06:00 PM
From: Wolf 2	Read Replies (1) \| Respond to of 25814

Have we learned anything from this year's market action? Absolutely...I unknowingly adopted your 'investment style' (per profile). Hope you'll refrain from suing me for patent infringement---can't afford defence costs.<ggg> Seriously, if we didn't learn not to panic and crystallize losses at the bottom, then we really ought to consider fixed-income investments. Even Index funds are not absolute safe harbors. I, for one, intend to hang in with the individual stock picks 'cause, in the long haul, they've got nowhere to go but up. Enjoying those sharks' teeth? Regards, Wolf p.s. I've got a boatload of oils as well purchased before (ouch), during and after the price crash--give it a couple of years.

To: rairden who wrote (16130)	12/5/1998 9:33:00 PM
From: Beachbumm	Read Replies (1) \| Respond to of 25814

I have learned not to sell when my disgust level is high. I prefer a little more neutral emotional state in which to make a pull the trigger type decision, whether it's on the buy or sell side. I'm not interested in index funds per se, but I am definitely interested in Spiders. Unlike the funds, you can at least trade them during the day. Everyone keeps saying that the managed funds will outperform the indexes one day -- yeah, just when is the problem. Cramer pointed out recently how the S&P keeps rejiggering the index so that it's almost bound to outperform. As for LSI, I'm afraid my confidence in Corrigan (which used to be boundless) has waned. There have been so many instances this year of him appearing clueless about his own business and industry trends that losing some faith is inevitable. Beachbumm