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

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To: octavian who wrote (42242)1/18/2009 12:43:01 AM
From: Skeeter Bug  Read Replies (1) of 42834
 
>>I also started cutting back on stocks in 1999--before Brinker ever issued his sell signal. When Brinker said "sell," I sold some more, and then when he said in late summer that those who failed to sell now had a second chance, I sold some more.<<

then you used your brain and took actions based upon your view of valuations...

bravo!

it also mean someone else was calling a "doom and gloomer" for selling. ;-)

it sounds like you didn't dollar cost average into the bubble - that was either smart (you did a valuation analysis and didn't like the risk compared to the reward) or lucky (you retired at the right time and didn't have new investment capital.

don't worry about me, though. one of these days i'm going to love stocks and everyone's going to call me an "optimist." ;-)

valuation (risk vs reward) is everything.
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