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Re: None

Monday, 01/14/2008 9:47:42 PM

Monday, January 14, 2008 9:47:42 PM

Post# of 107353
Time is on our side.

I would just like to say a couple of things. First I am 51 years old and traded my first stock ever in my life last August. Obviously I am no expert nor as experienced as many on here. I have leared a couple of things in my short learning experience in the market.
(1.) You are not going to get rich quick unless you just get lucky. Your chances may be better at winning the lottery.

(2.) Time is on the side of the investor. When I first started I was chasing stocks all over the board and loosing quickly. I work hard for my money and don't like to give it away so I stopped, sat on cash for a while and just watched. Unless there is some inherent reason for the company to falter with time you will make money. How much money you make is directly related to the patiences you have and your ability to control emotions. Since I have taken this approach I have made back what I lost + some.

If DDI was faltering in some way now would be the time to get out; however this is not the case. I may not know the stock market but I know business and DDI is in the business of doing business. Having lived within 130 miles of New Orleans all my life I also know a little about the oil business. I know you don't develop a client list like DDI has and not know what you are doing from a technical and business standpoint. There are many companies in the oil service business that do well and never have more than one or two clients that are not even major players. DDI has a client list that reads like a who's who in the deep water sector. It doesn't take a real smart fellar to figure out that time is on the side of the investor here. This is NOT Flipper land unless you watch him swim by one of DDI's products.