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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Bruce Brown who wrote (34283)11/3/2000 9:59:43 AM
From: StockHawk  Read Replies (2) of 54805
 
It's a game that goes on day in and day out, year in and year out - over and over through all types of cycles. "Wash, rinse, repeat..."

That is so true. Often when I hear someone talking about how this time, the market is really going to crash, I think about that old TV comedy "Sanford & Son". In that show the main character was often shown with his hand over his heart feigning a heart attack and yelling "this is it, this is the big one". But it never was.

Every market downturn brings out the stories/posts about going all to cash, about some guru or method that predicted 1929 and 1987 and who is now predicting another crash, about some magic number the market Must fall to "find support".

The sad part is that many good people lose money because of this. For some, it is a newbie initiation rite. For some it is a valuable learning experience. Very valuable.

StockHawk
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