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Non-Tech : Invest / LTD
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To: drsvelte who wrote (4846)10/30/1998 1:40:00 PM
From: waverider  Read Replies (2) of 14427
 
Not directed at you Doc...just our general tone here. Most posts concern what to short next and when this market it topping out. All the while, the market just keeps chugging upwards.

I'm afraid that this just might turn out to be one of those classic cases when trying to time the market is once again proven to be a fool's game. LT called the August crash perfectly. Ever since most of us have been waiting for the other shoe to drop. It hasn't.

The other part of the equation is WHEN to get back in. From the looks of things today, that when should have been the first week in October. So the old song and dance about just buying good companies and holding for the long run, may very well in fact prove true.

How much time have all of us spent the last 3 months going on and on about how to make money here trading? Could that time have been spent better elsewhere? Could we have all just kept our old portfolios and played with the kids or made love in the afternoon sun...and come out better for it?

I'm beginning to wonder.

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