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

To: mister topes who wrote (11304)	1/19/2000 6:03:00 PM
From: sea_biscuit	Respond to of 15132

Duh! If I had a forecast of Dow 5000, I would have 0% in the stock-market. But I don't. I stick to my asset allocation and continue to DCA as always. Especially, at times like these, when everybody's grandmother is buying Amazon, Yahoo et al, there is always the danger of the market getting cut in half, but who knows whether or not it will happen? Who's to know if the market will make anemic gains (of less than 10%) over the next few years and the earnings just catch up? That's why I stay invested and rebalance my holdings once a year. If you want a forecast, there are plenty of people out there who will give you one, and many will give it for free (though some will charge you for it and cop out (or have somebody else do the copping out for them) when their forecast doesn't come true ;-) )