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Politics : High Tolerance Plasticity

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To: Warpfactor who wrote (15149)7/16/2002 6:52:08 PM
From: jim_p  Read Replies (1) of 23153
 
Warp,

We may get whip sawed a few more times as the market shakes out the final loose hands and traders, but we don't get the VIX up in the 40's but once every couple of years so I plan to stick it out and follow the VIX. This is about the only investing principal I feel very strong about.

There was a time for trading in and out of the markets and making 1-3% in a day or two and a time to buy and hold waiting for a reversal. I could be wrong, but I feel the odds are strongly in my favor and when the odds are this high I don't mind putting it all on the line.

I am at a new ATH, but I'm not much higher than where I was at the end of Q1 and my yard doesn't look as nice as brother bums so maybe dabum has the right idea. A lot less risk and stress to end up at the same point???

Jim
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