Softbank Group Corp Message Board

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Technology Stocks : Softbank Group Corp

SFTBY 81.06

-8.3%

Nov 4 3:59 PM EST

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To: TobagoJack who wrote (3403)	1/20/2000 7:25:00 AM
From: Seeker of Truth	Read Replies (2) of 6018

Is a crash coming? I believe it certainly will come. The market rarely adjusts gradually to reality. But what if it happens in 2003? If one gets into cash now we would miss three fine years of fast growth. What if we had believed in the crash in October 1998? We would have missed 1999, the most profitable year ever for most people. My point is that all we can do is diversify in stocks plus a certain amount of cash depending on our situation. If Softbank goes to 40k I will not be a buyer because all my other stocks will have dropped in half also. I will simply sit tight and watch the market slowly recover as it did in 1937,1958,1974(in Japan after the first oil shock),1987,1991,... At some point the odds favor my portfolio dropping in half. But since I don't know when that will be and I feel confident of a subsequent recovery I don't do anything about it, now or then. Others?

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