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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (25602)8/29/1998 1:43:00 PM
From: Gersh Avery  Read Replies (1) of 94695
 
Seems like every ones hopes are for a ralley that can be sold into. Fewer and fewer people are saying we are at the bottom.

Watching and waiting for the spikes is just bull market buy the dips upside down.

I think that we are in short and hold time instead of buy and hold time.

"Buy the dip" used to be a very forgiving method. One could afford to misstime the market and just wait for the next move up.

"Sell the spike" now seems to be the forgiving method.

Gersh
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