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Author: RedRaider04 Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 2818  
Subject: Re: We don't need no water... Date: 7/19/2002 2:22 AM
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I feel the same way, but I would add one thing to the watch and learn addage...and that would be, INVEST! Watch, Learn, and Invest. If us college fools are like most college students, we dont have much to lose when we invest. Its true that my portfolio has taken a hit...and its not pretty, but I feel the same way... SO WHAT! I dont have a mortgage to pay off, a family to feed, or outrageous bills to pay. Im not bragging, but I think that most of us college fools are the same way. Most of us have about 30-40 years until we retire. When my portfolio is down the lessons set in much more clearly than if I was just watching CNBC and having no money in the market. Buy from the scared, sell to the greedy. I personally think the market will go lower than it is now, and I dont fret too much over my opinion of that. I see it as an opportunity for us young fools to buy solid companies, hurt by tension in the market, at low/er prices. Our economy is NOT in shambles like a lot of people think. Its not exactly hot either, but their is a lot of uncertainty in the market right now which makes people sell. It is only a matter of time before the weeding out process stops and the market catches up with a growing economy. Its late and I could be talking out of my @$$ right now, but thats my view.

Have a good one!
Nealio
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