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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: sandeep who wrote (45990)2/17/2000 2:45:00 PM
From: clochard  Read Replies (2) | Respond to of 94695
 
How much patience do you think blue chip investors have left? When they open their eyes and see that the Dow isn't going anywhere, do you think they are going to just sit there and get reamed to death, or put their money in tech stocks? No, when they have studied things for a while they might pull their money out of the market and put it into bonds, being logical.



To: sandeep who wrote (45990)2/17/2000 5:38:00 PM
From: GROUND ZERO™  Read Replies (4) | Respond to of 94695
 
sandeep,

>>Will patience really get rewarded ? Or should we jump in buy the NAZ high fliers just like everybody else ?<<

I understand your question and I'm glad you asked... I submit to you that patience is always rewarded... I think it's important here to distinguish between patience and immobility... genuine patience arises from confidence, and immobility arises from fear and indecision... and fear will always freeze us and make us immobile and unable and unwilling to act even when the true opportunity presents itself... so, if we're doing nothing because we're frightened, then I would not call that patience... but if we're waiting for the market to behave in a specific way before we act upon it, then I would call that patience...

My Best...

GZ