turnover, page-4

I thought that after 12 years of getting smashed these draw downs would get easier. This one seems like it has been particularly different and that long term holders are getting a very raw deal and throwing in the towel. Don't get me wrong, the Nasdaq IPO is good news and is defiantly needed, however stomaching a further 50% SP loss in a month just makes it much harder to make any kind of profit years down the track. A months ago, a 5X SP would have made a lot of people satisfied with the pain endured over the years and that has turned into a 10X required in just a few weeks. Hopefully this feeling of capitulation is what we need to move on. Still holding, for some reason just can't give up on the big picture.