5.5% for me - on paper - didn't sell anything and didn't buy...

5.5% for me - on paper - didn't sell anything and didn't buy anything. I bought on the way down in the tech bubble EXPLOSION in 2000 and got burned being smart!

I've learned - potential for gain based on previously attractive stocks does not always materialise after a 'correction".

I'm going to sit for a few days and watch this unfold eventhough I am confident this was a temporary abberation made worse in spec stocks by so much gearing and stop losses triggered.

I might miss a few % on the way back up but I'm not going to miss a few % if down keeps going in next couple of days.

I have a diversified portfolio. Those "earning, stable companies that gain a half percentage point or one percentage point a week did not suffer much at all. Maybe off about 1.5% today on average.
I've also got some high growth companies and they came off about 3-6% but my resources and specs came off 5%-11%.


It's pretty typical of opportunity for gain though.


good luck to all,

R