Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: yard_man who wrote (15078)	3/16/1998 5:25:00 PM
From: James F. Hopkins	Read Replies (2) of 94695

I might make my middle name bottomfisher, beats heck out of buyhighsellow..I keep enough bonds etc to double down on any thing and every thing I got in equities..I had a hard time with moov but I didn't back off till I was ahead. Just wish I'd held her longer. Bottom fishing has only failed me once, but I often don't stay in as long as I should after they go back up. I don't recomend bottom fishing to people on margins or that don't maintain a bond position, as often you do have to double down..sometimes more than once. But unless a companys basic have changed from what you see as your basic reason to have bought her to start with there is no reason to let the bugs on the windsheild shake you out of her. Yep I bottom fish, it's easyer to call, or find a bottom than a top. Jim

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