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Pastimes : Home on the range where the buffalo roam
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To: Venkie who wrote (6300)2/20/2002 12:48:37 PM
From: Boplicity  Read Replies (2) of 13815
 
15% gain on the old buffalo port, what was it only a short few months ago up 50% or so? That should serve notice of the folly of a buy and hold strategy before stocks base sufficiently. Once we get close to the September low we should rally, but the rally is not going to be anything close to the rally from the Sept low. We are going to need to base for long, long time before any rallies can take hold. IMHO. I will reset the values in the port once the low is in. The only problem the low will might not be obvious this time.

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