Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: im a survivor who wrote (16319)	4/29/2003 10:17:44 AM
From: Bob V	Read Replies (1) of 16631

...I hate seeing cash sitting while markets are going up, but rule of thumb says the minute I buy my baskets, we start seeing alot of red days <ggg>...... So just pick up one basket now. If that causes the market to drop then you can get the others a little cheaper. A basket sounds like a long term buy and hold situation. Buy and check at the end of each week/month and rebalance if necessary. Some will be up and some down but you should mirror the market. As suggested you might consider ETFs, diversification at less cost. SPY, DIA & QQQ would give you all the diversification you want. You could consider dollar cost averaging into these. An account with IB would cost you a penny a share.

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