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To: pater tenebrarum who wrote (31035)10/25/2000 12:45:50 AM
From: Perspective  Read Replies (1) | Respond to of 436258
 
Actually, I find it quite constructive to set my long-term sell targets when I'm buying them in the depths of bear markets, and long-term buy targets as I'm selling them at bull market peaks.

I'm always early, but it always seems like I outperform the market that way.

That said, my buy targets that I'm setting now hinge on which scenario unfolds for our markets. My most likely scenario is now a Japan-style decade, and if I see the positive feedback engaging as it did in Japan, I'll use my lower set of targets. I'll also assume brief bull markets in which to dump them off.

BC