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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (63686)10/1/1999 2:35:00 PM
From: Bryan  Respond to of 90042
 
..how do i put this?..get your ass out of this market, imo we are heading into a very dark 2 months..

I thought so. Guess my peanut brain still works a little bit.
I said the same thing earlier today.
Message 11417457
....This will create a rocky environment for the period between OCT5 and NOV16
....The key to survival will be smart diversification of assets going forward.


I am playing it from the cautious side. Doing lots-o-options lately, instead of outright buys and sells. Keeping a decent cyclical long term portfolio through the new year, but I will be trimming back some techs or writing covered calls on some to raise more cash.

IMO, Tim's concerns are very justifiable, albeit somewhat drastic. I guess I'm not as conservative. But beach on the other hand? Well what can I say; contra-contrarian strategy?

bk



To: Tim Luke who wrote (63686)10/1/1999 3:07:00 PM
From: Bill on the Hill  Read Replies (9) | Respond to of 90042
 
Tim and thread,

I have been an infrequent poster on this thread. I just found out that I have had a major problem a few minutes ago. I have sold all of my stocks and will be closing all accounts within three days. I will not be posting again until I have found an answer to this problem. I have spent almost two years now learning to trade and invest and have had the pleasure of learning from many of you. I wish to thank all of you for the education and any of the kindness you have shown me in the past. I wish this were not happening in my life but I have some very intense times headed my way and must meet this challenge head on.

This will be my last post on SI until my life warrants the extra time. Thank you again, I will miss this.

Bill on the Hill