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Strategies & Market Trends : Waiting for the big Kahuna

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To: Don S.Boller who wrote (12755)1/7/1998 5:52:00 PM
From: gregor  Read Replies (1) of 94695
 
Don:

There has to be some precedence on what the overall market will do in times that are so quiet.

I'm not going to venture an opinion when I admittedly am uncertain of the future so therefore will observe only.

Like an avalanche, something has to trigger the event leading to an historic decline. If the sentiment is there for a bear market, then how bad can it be ? It's at those times where euphoria exists that the greatest danger presents itself.

If we already are in a bear market then given a 6 to 15 month time frame we are already between 50 % to 20% through it.

It basically boils down to time frames. I doubt that investors are going to be juggling stocks, portfolios, and industry groups with reckless abandon at this stage of the "bear market". I am in the stocks that I feel will be a lot higher 3 to 5 years down the road and might make minor adjustments but IMO the ultimate losers will be those that freak out and go 100% into cash waiting for the big one.

gregor
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