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Strategies & Market Trends : MDA - Market Direction Analysis

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To: Stephen M. DeMoss who wrote (51390)	5/21/2000 4:22:00 AM
From: shamsaee	Read Replies (2) of 99985

I am not a Technician and lurk on this thread from time to time.Needless to say there are no Bulls left here and bearish sentiment on everything.The real question you have to ask yourself is what is your investment horizon(I know it sound old and corny)but it has always worked.From what you said you have a very successful business that obviously generates enough income to be able to start a new business and have left over cash for investing.I assume you will not need to dip into your investment for the short term of 3 to 5 years. I see recommendations of CD and other fixed income elements.I follow a simple rule.Find great companies,invest in them for the long term and ignore the market noise as much as you can.The only time,I sell is when fundamentals of the company change or I find a better place to put those funds into work(Cash deposits have never been considered).A few stocks come to mind that,I guarantee will out perform any bonds or cd over the next 24 months. The flip side of what is currently happening in the stock market is,As has been already compared to was 1988.I know a lot of people who bought back then when everyone was doom and gloom that are retired wealthy today.How you decide to preserve your capital after you reach your retirement goal is another story. As long as you stay off margin and don't Speculate and chase story stocks you will be rewarded.If I were to change one thing with my investment approach it would be to Learn TA to a certain degree and use that in combination with valuations to be alert to severe market corrections in the future. Are we going lower? I could not tell you but the guys here are pretty good at forcasting and believe we are.Are my stocks going higher from here by at least 50 % within the next 24 months? I say definitely yes.

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