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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Mike Buckley who wrote (22762)4/14/2000 5:03:00 PM
From: MulhollandDrive  Read Replies (2) | Respond to of 54805
 
Mike,

"Long term, short term" it all depends on your perspective.

Remember this, this is an "old" bull market. During the nascent stages of the bull, you can pretty much buy at any level and the "rising tide will raise all boats".

Also remember this, those who bought the NAZ prior to the 30% drop have got to get 60% gains just to get back to EVEN.

That's quite a move by anyone's calculation.

I am not at all convinced that the bear hasn't taken up residency for awhile. But I'm not telling people to sell their positions, just cautioning that the "new" new thing is that it seems valuations DO matter and if the rules have changed, the prudent investor will consider the new play book......

bp



To: Mike Buckley who wrote (22762)4/14/2000 5:06:00 PM
From: areokat  Read Replies (1) | Respond to of 54805
 
"If that's the case, enjoy it! Celebrate it! Think long-term!"

Think Positive. Don't think about it.

Seriously, when this market turns a lot of people including money managers are going to be standing on the side lines and will miss a big part of the next rise especially if it happens quick. If your in a pessimistic mood it's hard to change gears.
Thanks for another good post. I believe it will help some stay the course.

Tom