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To: Olu Emuleomo who wrote (60201)6/3/1999 6:04:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
I dont think that's good for long-term profitability in the mkt.
After my 1st full year of investing for myself, ('Dec 94), I was down 55%.
I learnt a lot of lessons! Never been down since.
If I had been up 55%, I am sure I would be broke today!


Olu,

You have a good point. The problem is this was far from my first year. I sure learned to cut losses fast from now on.