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Non-Tech : Bill Wexler's Dog Pound
REFR 1.730+10.2%Nov 11 3:57 PM EST

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To: TRIIBoy who wrote (1970)7/12/1999 1:38:00 AM
From: Bill Wexler  Read Replies (2) of 10293
 
It's more difficult to get a handle on the tops (bottoms are a bit easier...in October everyone thought the financial world was coming to an end - that's exactly why I was gleefully backing up the truck on stocks), but the current climate is very, very disturbing. It could certainly rocket higher, but my own personal investing discipline will not permit me to buy or hold now. I consider this earnings season to be a good opportunity to exit gracefully from stocks that have done fabulously well for me over the past few months/years. If I'm wrong then no biggie. The market always gives you opportunities to buy good merchandise at bargain prices if you are patient enough.
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