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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Sam2482 who wrote (918)7/16/1997 10:43:00 PM
From: BHaulman   of 42834
 
Vicki,
True, you could miss out on some more upside, but these markets tend to correct drastically with sharp moves. The downside risk seems greater than the upside at this moment. I prefer to get out gradually on the way up, selling about 25% at time when the market has days like today and trying to be out more and more as the bulls pile up, hopefully being out at the top. Then buying back 25% pieces when dire market predictions have been made such as in April. It's worked pretty good. I'm a cautious bull at this point raising cash slowly on the way up.
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