Forrest's Journal

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02/22/00

Got up early to watch the morning comments on CNBC. Reviewed my charting book. Then tried to apply what I've learned to the charts on the net about some of my stocks. (Hmmmm. . that graph sounded kind of Hemingway-esque. Not bad. )

Do I worry more about money now that I have some of it than I did when I was poor? Geez, back then I was consumed with trying to put it in my pocket. Now I feel guilty if I'm not managing it properly; like it's a sin if I don't make the stuff grow fast enough. The burden of the unrealized potential. It's tough. Of course, when I say something like that, I feel like old Fritz the Cat saying, "Being on your own is rough. Urp. (As he digests his last big meal.)" But I do have to get a handle on spending.

Can't believe that I let myself get sold that extra shirt at Texas Clothier. Linda really needs the ones she bought-but I have more shirts than I could ever wear. Dain's a master at knowing when to feint, all right. If he hadn't given me that little discount, I would have put it back on the shelf. Then there are all the arts groups we have spoiled with constant donations. One development director the other day was trying to lay the guilt trip on me. She had heard from one of her underlings who I told that I needed to trim back. That attitude irritates me, when I look at the donor list in the arts program and see people with ten times our net worth coughing up $100-tip money.

The TV is bugging me. Some bigshot on CNBC was saying that Greenspan is going to jack at least two more quarter point interest rate hits on us and ruin the party. Sometimes I'm tempted to just close out every position I have and put it all in munis. Then I could retire to landscaping my backyard and reading good books. But I've never folded yet and that seems like such a copout. Where did I get this competitive spirit, anyway? Maybe it passed down through some of these relatives I'm finding out about. What a gas to find out about Robert and Jessamin.

Well, now I've heard two bigshots say totally contradictory things on CNBC about where the market is going. That's my signal to shower up and get after it.

 

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