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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: shamsaee who wrote (25366)5/25/2000 6:31:00 PM
From: Mike Buckley  Read Replies (1) of 54805
 
shamsaee,

In march,I was told by a TA specialist at prudential to go 50% cash ... Looking back now he was absolutely 100% correct so one can argue that LTBH in this case worked miserably.

It makes absolutely no sense to me to use a short-term criterion such as performance from March until May for a long-term strategy. If it makes sense to you, so be it. But for me it defies all sensibility.

Regardless, if it's important to you that in this case LTB&H worked miserably, show me a method of investing or speculating which hasn't worked miserably many, many times over the short term. You won't be able to. Thus, while you are right that it can easily be argued that LTB&H often performs miserably over the short term -- and ironically I don't think anyone in this folder has provided as much evidence about that fact as I have -- I don't get the point of making the argument.

--Mike Buckley
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