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Pastimes : How to best deal with KOOKS at this web site

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To: Iceberg who wrote (1012)	7/28/1997 9:49:00 PM
From: Gottfried	of 1894

Ice, eleven points and I can't really argue with any of them. Maybe MrB will.<G> Some comments: 1. Holding on to one's market gains is as difficult as making the gains in the first place. For me it's more difficult. You are better protected than most if you have short positions. I took the Vanguard article as history and ignored any advice on how to deal with a bear market, because I'm basically reckless. The only protection I'm mulling currently is to get 10 - 20% into cash again. But that's more so I can buy low when the bear comes. Any protection costs you when things are going well. I'll probably get more conservative when I get really old. But even now I have life insurance and a UPS for my PC. (you only have a month to get yours). Yes, the masses panicking can do anything to any stock - short term. The main reason I don't trade is: I have to make so many correct decisions. :) GM

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