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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: MrGreenJeans who wrote (7757)8/15/1999 10:55:00 AM
From: Allan Harris  Read Replies (3) | Respond to of 15132
 
Re: Required Reading

Don't worry, be happy.

If Bob goes into Bear Mode, there will be plenty of time to change course. He's talking about a 6-24 month bear market, coming off off a bull market that has provided several hundred percent of profit. So you may have to give 5-10% back at the top. Is that worth all this analysis paralysis?

I live at a place that is susceptible to hurricanes. We get hurricane alerts every year. Once in six years we were actually evacuated. In every case we have several days notice and even the one evacuation took place 48 hours before anticipated landfall. It never came close. Accordingly, I don't find myself glued to the weather channel all day, scrutinizing the coast of Africa for newly developed tropical depressions.

If I become negative on the market, whether it's from Bob's call or otherwise, I know exactly what I will do. There. Done. Next: Take my kids to the beach or go on a bike ride through the maritime forest. Listen to Moneytalk on Sony headphones on a beach chair in the surf. Afterwards, we'll take Sarah and friends out to a fancy restaurant to celebrate her becoming 11 today.

It's Sunday and life is too short to do otherwise.

A