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Here's an article to file away on investor emotion.

One of Gurney's clients watched her portfolio's three-fold profits crumble over the past month.“To make herself feel good, she bought herself a car—a sports car, a BMW 745 black on black—after zero gains,” Gurney said."

Meanwhile, pat yourself on the shoulder for surviving the drop. Note that the losses occurred (sp) within a short time frame, and during our longest bull market.

Biggest Nasdaq Percentage Losses

Oct. 19, 1987 46.12 to 360.21, 11.35 percent.
April 14, 2000 356.74, to 3,320.04, 9.70 percent.
Oct. 20, 1987 32.46 to 327.75, 9 percent.
Oct. 26, 1987 29.55 to 298.90, 9 percent.
Aug. 31, 1998 140.43 to 1,499.25, 8.56 percent.
April 3, 2000 349.15 to 4,223.68, 7.64 percent.
April 12, 2000 286.27 to 3,769.63, 7.06 percent.
Oct. 27, 1997 115.83 to 1,535.09, 7.02 percent.
March 27, 1980 8.13 to 124.09, 6.15 percent.
April 10, 2000 258.25 to 4,188.20, 5.81 percent.

Washu! ^O^
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