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Strategies & Market Trends : Waiting for the big Kahuna

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To: Daniel Ray who wrote (21675)7/15/1998 8:00:00 PM
From: Don S.Boller  Read Replies (1) of 94695
 
Daniel: "NO ONE CAN PREDICT THE FUTURE"....................oh,
say it ain't so. If you are correct - then this whole thing is one
big random walk...technical analysis is a crock...the E-Wave
boys are deluding themselves, cat entrails have no meaning....
Heck, rarebird put in two cents worth and had his/her tail
feathers singed....You are correct about about wanting to be
on the "right side". I too share this goal, but have learned over
the years - that it pays to hedge (e.g., own some long bonds,
have a little gold, play some of the momentum techs, etc.) Also,
doesn't hurt to have a little green set aside for the "rainy day".
Humbly, what do I know.
Best,
Don
(p.s. the whale watching on the coast is great at
this time of year)
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