Stan, JB called this one dead on. Let's give him some credit.
I like the statement about MACD being a self-fulfilling prophecy
Sure, no problemo. I wasn't criticizing JB, I was placing some skepticism on the real utility of the MACD.
Investing for the long term and adding on unexplained weakness seems to be an equally good technique. In the latter case you sometimes need balls of brass, not crystal.
yep, well said. That's what I try to do. To invest on big dips, one has to have ready-cash. Aus, do you maintain a constant level of cash for dips, and if you do, may I ask what % of your investment funds are in cash (as opposed to equities or mutual funds, etc)? I ask because I am wondering if I should do this. My philosophy has been to be "all in", which works well sometimes, but then I never have enough cash when the big dips come along.
We're conducting the G&K Thread Personal Portfolio Survey this week. Participants are describing the make-up of their investment portfolios, including cash. It'll be interesting to see how much cash is positioned in how many portfolios.
Your view?
stan |
