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


To: Bruce Brown who wrote (25495)5/29/2000 4:41:00 PM
From: freeus  Respond to of 54805
 
rethe GG does not eliminate risk
Amen to that.
I wish I'd thought more about valuation in Jan and Feb when my stocks were (apparently) very ready for huge corrections.
The 5-10 year time frame is not appropriate for me, and having once had plenty of money, I would have liked to hang on to at least a portion of it in cash. I agree with the "gambling" psychology that having made HUGE gains, I was more apt to allow huge losses to slide by without getting out, although, timing or no, I knew darn well that the tech collapse time was coming. And I knew Alan Greenspan was on the warpath (though I never imagined he'd be quite so adament about it.)
Freeus
A bear market can last years. I see no point to allowing one's money to be cut to nothing and sitting there like that for years, instead of setting aside a nice portion to use and enjoy.
Now I'll go back to lurking here. Didn't want you to think I wasn't reading.

(This was actually supposed to be a reply to CHAZ message 25498, dont know how it got on the wrong place, sorry).