February 15, 2006
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I can’t decide if life is good or bad. I’m at the library because my modem is broken. First it was a power surge problem because of the storm. That was replaced and I was up and running for a few days but yesterday my modem broke, according to the telephone company who handles my DSL. The only problem is that my computer doesn’t recognize my D drive — I’m starting to bore myself .
So I went to the model club meeting last night and watched how they do things. I don’t think I’m cut out for it. It was agonizing to listen to them present stocks, for one thing. They use something called Valueline, I think it is. Kevin, if you’re reading, I remember you use that too. They had it up on an overhead and between the guy’s gravelly voice and facts I had no interest in, I was missing Bob. The thing I did like, though, was that these people had been working together for some time and they balanced each other out. The fact that they had an audience might have made a difference but they still managed to quarrel a bit over buying. There was a lot of testosterone at work, which was fun to watch. Only two women were present, in the existing club. One was the secretary and she put out the fight. The other was 90 something and very sharp.
In the audience there were three women and three men, including me, and I suspect we might be a good group but I related better to the existing group. Because it was Valentines day there were people absent but they had sent their proxy so that when the vote was taken to buy Exxon, they were counted. That’s what the fight was about.
I have a hard enough time fighting with myself when it comes to buying a stock so it was nerve wracking to watch them. But it’s not like it’s all coming out of any one guy’s pocket if things don’t go well. Over the years they’ve done very well, and I liked their stocks. But the whole purpose was to find people I could commiserate with and by the time I got home all I wanted was a drink.
Comments (5)
Geez, the worst thing is to go to a meeting. I always need a drink when I get back. Hope you were stocked up.
That’s funny that they used Value Line. Do you remember what part of the Value Line report they were focusing on? I don’t think I would do well in an investment club because I would just want to invest in what I thought was best rather than the will of the people.
Sounds like a learning experience, if nothing else. You know what you like and what you don’t as far as that whole system. I love sharp old biddies. When I get old, I hope I’m witty, friendly, and ruthless instead of senile, crotchety, and toothless
Seems you and I need to drink quite often to settle the nerves!!!!! marilyn
I wonder if some of them don’t meet up for drinks afterward too! Sorry to hear about the computer malfunctions. There are few things that irritate me more and that is weird because there should be. It is no wonder that men control the lion’s share of money when I read that so few women were present. I’m a bit ashamed at my own willing ignorance there. And more impressed by your diligence.