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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: bill meehan who wrote (16424)1/20/1999 1:03:00 PM
From: Ilaine  Read Replies (2) of 86076
 
>>>>>I guess I'll just have to advise investors (assuming there are still some of them out there) to wait for the inevitable decline.<<<<<

I am holding plenty of powder, but what I wonder, is if the decline is inevitable, why should I invest once it occurs? The big bear markets I keep reading about lasted for years, not months. I guess what I am saying is, if I believe, for example, that CSCO will up if I buy it if it dips to 50, why not buy it at 90, or 100? Isn't there a cognitive whatchamacallit there?
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