Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: freeus who wrote (8487)	9/7/2001 5:54:50 PM
From: Box-By-The-Riviera™	Read Replies (2) of 74559

no body can answer that question. if they try, run from them as fast as you can. of course the primary question is one of time. how much do you have? in one year you want to retire. can you regain from here 84% to break even? in one more year can you lose the 75% that's left from where you started? can you simply convert to cash and lock in long term somewhere perhaps around 5-6 percent in safe paper? what are you willing to tolerate, how much time do you have, what do you remember from previous bear markets in your lifetime? you have to guide yourself to a decision. though I would also suggest, no decision, is not one of the choices.

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