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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: lifeisgood who wrote (10168)9/21/2000 9:08:02 PM
From: sea_biscuit  Read Replies (1) | Respond to of 42834
 
Many investors know nothing about bear markets. Sure, they will keep buying the dips. That is why it will take a while before bubblevision declares that we are in a bear market. By then, it will be too late for the ignoramuses.

But I will have no sympathy for them -- most of these so-called investors think that the world is at their feet...



To: lifeisgood who wrote (10168)9/21/2000 9:13:21 PM
From: sea_biscuit  Respond to of 42834
 
Another myth that is perpetrated is that in the long-term there is no risk.

Oh, is that so? Only if you know when to step aside!

syharding.com

Excerpt :

"The point is that long term risk is very high. Something bad will
happen at some point in the future. The problem is no one can know
exactly when. One thing can pretty well be known, if history is any
guide, is that by far the majority of investors will not be prepared,
in fact will be disbelieving and shocked."


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