loan amortisations -- funds held back., page-7

speculators and investors.

the media calls speculators investors so they sell papers.

i was looking over some old contract notes from a family friend who passed away a long time ago. i am talking about contract notes from July 1985. NAB shares. 8800 units sold at $4.70. Any idea what that would be worth with dividend re-investment? An investor would know. a speculator would have either tried to continuously time the market, pic "the bottom" or else sold and moved on to another stock after a "decent" gain.

moral: I (we) lived through some pretty crappy times over last couple of years. I care not about any kind of pull back.

cheers and good luck.