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Strategies & Market Trends : Group Therapy
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To: Wolf 2 who wrote (739)12/21/2000 2:47:32 PM
From: Duane L. Olson  Read Replies (1) of 4564
 
Wolf, Your earlier year advice regarding the market in view of Greenspans actions was excellent. Too bad I didn't heed it, despite the fact that I agreed with it-- couldn't stand to be out of the market that much.
As regards PALM, I finally decided it was worth buying and leaped in today....too early again, I'm sure.
If our '73 -- '74 experience is any guide, we don't have any huge profits coming for any risk we undertake until the longer term, but the short term profits into '75 were enormous, so I'm playing the game one more time. Hope it works -- don't think I could really afford to do it again.
Are you getting any more hopeful, now that it appears Greenspan will almost be forced to act no later than Jan?
tso
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