SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Critical Investing Workshop

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: im a survivor who wrote (25223)7/13/2000 9:26:18 AM
From: Voltaire  Read Replies (2) of 35685
 
Morning Keith,

Let me just tell you what I will do for the people I invest for. First of all, you said a mouth full when you said that you can't afford to be out of an ascending market. I have always felt that it is a fool that is totally IN the market and just as big a fool that is totally OUT of the market, WHY? Because NO ONE can tell concretely what the markets will do so to deal in an absolute like I AM GETTING TOTALLY OUT OR TOTALLY IN is akin to going to VEGAS and putting it all on Black or Red on the Roulette table or just as foolish sitting there waiting while it hits the color you chose in your mind ten times in a row while you are waiting for the wheel to turn. NOPE - there is only one way I play it. I WILL SELL HALF OF EVERYTHING I HAVE WHEN I EXPECT THE DOWNTURN AND PUT THE OTHER HALF IN THE TWO OR THREE STOCKS THAT I HAVE THE MOST FAITH IN. NOW - if the market continues upward I AM HAPPY, if it pulls back, I build on the positions I have faith in. Just that simple. NOTHING WILL KILL YOU IN THE MARKETS LIKE ABSOLUTE DECISIONS, it is no place for it no more than VEGAS is.

Voltaire
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext