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Subject:  Re: Time for a Few Small Repairs Date:  1/26/2008  11:59 AM
Author:  mpmacgyver Number:  27741 of 533

in response to FourthAxis; day tading is best left to the "professionals" who sit by the phones in NY. investors like us who buy and sell thru scottrade or the like - our best bet is to buy fundamentally sound stocks when they are cheap (i.e. now) and hold them for 3-5 years or more. even if these stocks do drop a bit more than from when you buy them, you are still getting them at a deal, and if given long enough, they will rebound and meet or beat what you put into them. the stock market always goes back up. patience IS key. sounds to me like you lost some money in the markets recently. i wonder if you will be feeling the same way about AAPL in 5 years?? i bet not. $120 something a share will be a steal. good luck with your bleak, short-term point of view.
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