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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Allan Harris who wrote (13472)4/26/2000 10:16:00 AM
From: Investor2  Read Replies (2) of 15132
 
RE: "I don't think we ever figured out whether those who are 40% Long want the market to go up or down."

While your post may have been tongue-in-cheek, your above-referenced comment is very interesting. As someone in the 40% long group, my portfolio value goes down when the market goes down. Despite this loss in net worth, I find myself "cheering" when the market drops. The market drop may decrease my net worth, but it will make my decision to sell a good portion of my portfolio the "correct" decision; yes, the market drop will make me "right."

Best wishes,

I2
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