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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: DlphcOracl who wrote (38416)	10/14/2000 9:42:35 PM
From: Paullie	Respond to of 57584

On Rande Is: Maybe because I distanced myself from the market in the recent months, I felt like I knew what Rande's position was during this tumultuous time. I feel that Rande has been open with his view of market sentiment. He has expressed numerous times that the market was difficult to read, and in fact, I got the impression that he was really leading us to make our own decision (as he always does.) Although I have traded less recently, I still read almost every message on this board. Rande does not lead blind sheep but will make calls on the market and individual stocks. I cannot and will not go back to every one of his predictions and try to prove them right or wrong, and for anyone that does, you are just looking for trouble. Right now, the fact is that the market has been very very tough on a lot of people. Some lost a lot of money and most lost at least some. Rande's track record of good market calls stands extremely solid with the individuals who have been here for awhile. Rande has helped countless individuals in personal, professional, and investment concerns. For those of you who are new, understand that not all of Rande's "calls" are meant for everyone - in fact, we are all learning here. Everyone is welcome to post their opinions, and that is how we all learn (personally, I have not had the time to do more than keep up.) Rande is our leader and we need to respect that or move on. OK, Rande is not flawless, but let's not dwell on the discrepancies in his performance during the toughest time in the market in years. Let's spend our time getting better, not nitpicking. Now - let's make some money! Paullie

To: DlphcOracl who wrote (38416)	10/15/2000 2:35:50 AM
From: Trumptown	Read Replies (1) \| Respond to of 57584

<<Only advice I can give is that it may be reasonable to greatly reduce or eliminate one's tech stock holdings from mid-March to mid-October>> I've heard an amazing statistic from two different sources...now here's the jist of it (approx numbers)... If you invested $10,000 in 1957 and only had it in the market each year from April thru end of September, you would now have a grand total of $13,000 However, if you invested that same $10,000 in the market every year from October thru March, it would now be worth $540,000!! There is just no logical reason to risk the significant gains that we'll likely have before the end of March. I have significantly reduced huge percentages 2 years in a row by not taking my hand out of the cookie jar before the end of March. What bothers me the most is that I knew better...but couldn't listen to myself. That discipline needs to be reinforced. This year I plan to leave only a very small percentage in a trading account to satisfy the 'trader' rush. SR