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Non-Tech : The Critical Investing Workshop

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To: im a survivor who wrote (25275)7/13/2000 3:18:43 PM
From: Percival 917  Read Replies (2) of 35685
 
Hi Keith,

You made one point that I wish we all could have taken to heart earlier this year and that is:

but anything bloated...at it's high for the year, no matter how sexy, how strong she looks, is gone.

That is a motto that would have served us all well the day after Q had it's 156 point day. If the greed factor hadn't already set in with us so much, we should have been able to see that this puppy was way ahead of itself.

I would add one caveat to what you suggest and that is as long as the conditions are right and the overall direction of the market is still up, I wouldn't rush to sell too soon. Otherwise you are trying to time the market and I don't know anyone who can do that perfectly.

Later,
Joel
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