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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Rarebird who wrote (80589)12/21/1999 9:11:00 AM
From: Cynic 2005  Read Replies (1) of 86076
 
I agree with you 100%. Buy low, sell high. That is the name of the game. I commend all those who are riding the bubble higher, knowing that it is a bubble. At the least, they have a chance to get out before the herd realizes it is all over. I try to do that too. I was successful till middle of this year. But lately I have been pulling the trigger too early on big winners.

On the other hand, I can't stand those who tell us cock-and-bull stories about "new economy," productivity gains, yada yada. My simple fundamental approach to the market is, group human psychology (which makes-up the market) hasn't changed in ages.
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