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Non-Tech : The Critical Investing Workshop

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To: im a survivor who wrote (35297)4/6/2001 5:10:27 PM
From: AllansAlias  Read Replies (1) of 35685
 
Certainly you don't think the bear will still be here twenty years from now<ggg>

No, I do not. I think it could easily last 2-5 more years though. Who knows how long? If it's 1/3-1/2 the preceding bull, as older and wiser commentators than I have suggested, and as one can see by reviewing bull runs and the bears that follow, then we are looking at something like 6-9 years (based on 1982 as the start of the bull).

I was reacting to your permabullish statement:

Not gonna sell anything else......will hold for the next 20 years and see where sunw, jdsu qcom, atml, sndk and etc....are then.

This strikes me as an unsuitable time to be so inflexible.

My opinion is that you'll get better prices down the road, and even if you don't, you'll get a more stress-free entry. You are picking the bottom and that's heroic, but not a high odds gamble.

Cheers
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