Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Bald Man from Mars who wrote (6716)	4/10/1998 3:15:00 PM
From: Pancho Villa	Read Replies (4) of 18691

>Wait a minute, if someone like you who do all the homework can lose 25% in four months, it is telling me a very scary future for those uninformed investors out there who think this market is going to go up forever.< That is why some very smart people say it is difficult to outguess the market. I am still short but IMO the smart thing to do here would be to go into cash* and then get back into the market using dollar cost averaging either right now or once the market corrects. Once you go back in index yourself internationally through market wide index funds/SPY's and webs Pancho *another set of very smart people would tell you to stay in the market if you are already in. What I think would be foolish is to get in now with 100% of what you have got. BTW lobster was good but the price went up to 20.95 for twins. They say it is the season (coming out of winter). Or is it inflation? the winter price last year was 14.95, 12,95 summer.

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