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Pastimes : Home on the range where the buffalo roam

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To: Boplicity who wrote (615)	5/16/2001 4:12:45 PM
From: Zeev Hed	Read Replies (2) of 13815

Hey Greg, what exactly is a "reactionary investor"? Where I come from "Reactionary" means almost "Facist", is that what you mean? What is wrong in staying out of the market during turbulent time and in the markets during good times. I got out last in the April 18th to April 20th period (just after the "surprise" rate cut), the Naz was just under 2200, I stayed away for about a month, when the Naz did absolutely nothing, so, what is wrong with that strategy? I got back in with the Naz about 5% lower than my exit, I see nothing wrong or "reactionary" with that, unless, of course, you are in love with the market and deserting her in hard times is "unamerican" (g). Zeev

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