SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?


To: sea_biscuit who wrote (6694)9/10/1999 4:05:00 PM
From: Cynic 2005  Read Replies (1) | Respond to of 12475
 
Paul Kreisel is one of the best economists I have read. He is thorough like Richebacher (sp) and Grant. The big problem I have had in the recent past is that - all this material made so much sense to me that I could not bring myself to buy many stocks of some good companies as I thought of them as over valued and vulnerable. Most recent of my winners is Centocor, which I sold a week before they were acquired - bummberr. Your investment strategy sounds like a prudent strategy. As long as you don't need your capital in the next, say 5 years, you should be OK. IMO.
I, OTOH, go both long and short. For a majority of the time in the last 2 years I was short. But my best gains were and are from longs only. Though I am bearish, I am more a speculator (or should I say trader) than an 'investor.' Well, in this market I can;t phantom being long for too long. I know the inevitable results of any extended mania. An orderly retreat is almost impossible. The exit doors will be jammed and the markets will take no prisoners - including many bears (not sure I can help it) - guaranteed.