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Strategies & Market Trends : Classic TA Workplace

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To: At_The_Ask who wrote (62955)	1/7/2003 6:57:20 PM
From: The Freep	Read Replies (3) of 209892

And to follow up your market comment with mine... we actually agree almost exactly, though I have no gold shorts. I can see chopping around for a spell... a marginal new high perhaps... but I think, too, that we're in for some nasty weather, so to speak. Interestingly (to me, anyway), I was just given charge of Freepmom's portfolio this year, and it has influenced my thinking in many ways, as she has different goals than I do, clearly. But the one incontrovertible thing I decided was that while the market may go up some (or even a little more than some) within the next year or two, I would be STUNNED to find the market hasn't given us some substantially lower prices in that period. The risk of losses far outweighs the potential for gains over the next medium term, and I've already been rebalancing her portfolio with that thought in mind. the freep

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