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Strategies & Market Trends : Steve's Channelling Thread

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To: waverider who wrote (19137)6/28/2001 11:17:45 AM
From: TREND1  Read Replies (2) of 30051
 
Diamond
You wrote
"Larry, you had a sell when we dropped below 2078. Well, we really didn't go much lower. From my understanding, you went to cash then. Are you thinking when you redeploy that you'll be better off than if you had just held?"

Answer: Yes
My son completed as 45 year study of the S&P 500 and a 16 year study of the nasdaq. And both systems beat the buy and hold.

Important advice for you !
Read Bob Brinker's newsletter or other source and find out about secular BULL and BEAR markets. These last 18 to 20 years. eq: 1982-2000 was secular BULL. 1969?-1982 was secular BEAR. buy and hold in secular Bear market is a loser.

Finally: It is your money ! It is your choice !
Good Luck
Larry Dudash
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