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To: BGR who wrote (72209)10/27/1999 6:11:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 86076
 
BGR, don't forget, we're specifically talking about WS strategists employed by brokerage firms and the concerted drive to exile the ones who dare to adopt a cautious stance. as someone has once said, don't confuse brains with a bull market...take a look at this study, it shows why the buy and hold mantra may be appropriate at certain junctures and not at others:

investech.com

click on "special report" in the visitors section and download the report entitled "The #1 strategy for safety-first profits"

it makes for interesting reading...

hb