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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: SouthFloridaGuy who wrote (95544)4/12/2000 1:56:00 PM
From: westpacific  Respond to of 108040
 
Puff - yes, we all took a hit in March, yet we have massive gains from 1999 - the goal is to preserve that war chest for when we reach the bottom. It will then not take much work to recoup the March losses if you have the capital! Great strategy and one I have been pounding on the table since last crash Tuesday. That was the final sign to get out IMO. The rally of last week was a gift to unwind positions or sell off technology mutual funds!

Smart strategy - it is called risk management, most important strategy of any trader, bar none!