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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?


To: Cynic 2005 who wrote (7336)9/28/1999 7:03:00 PM
From: sea_biscuit  Respond to of 12475
 
I don't really care if I am right or wrong as long as my portfolio shows considerable growth.

Well, if your portfolio shows growth, you were right! What is the whole point of investing in the market anyway, other than to achieve long-term growth?

I don't get hung up too much on the market, nor do I grit my teeth that the market is "not doing what it ought to do", or that the market is "not behaving rationally", or whatever. I just do what I think is prudent in my judgement. As simple as that.



To: Cynic 2005 who wrote (7336)9/28/1999 7:56:00 PM
From: sea_biscuit  Respond to of 12475
 
Right now I am extremely long (and happy too) on gold stocks.

Only on gold stocks and nothing else? I would never bet everything on a single sector -- be it banks or pharmaceuticals, or retailers or consumer staples, or food services or computers.

And as I was saying here a few weeks ago, by the time most of the world's gold ends up in India (right now, it has a third of the world's gold, and growing), the metal would have lost most or all its value anyway!<g>