To: Clappy who wrote (10167 ) 10/28/2000 3:18:14 PM From: lurqer Read Replies (1) | Respond to What do you think is the best way to prepare or invest in a recession? invest in a recession? invest in. With modern inventory control methods, I just don't see a protracted recession. Guess I'll never make it as a permabear. <gg>Do you play the short side of the market? plan to play the Capitulation phase (note the operative word is plan and things rarely work as planned). I "plan" to wait until some "the high flyers" get overextended and sell those calls. Then while we're in the Capitulation, I "plan" to buy some of the last positions for my Millennium Portfolio. If you remember early in the year, I made several posts about the coming volatility being an opportunity to build the portfolio of your dreams. Well that's what I've been doing this year, and I see the upcoming Capitulation as the last opportunity to do some burnishing of the long term positions. But you need to realize that as long as I believe we're in a secular bull market (even though currently in a bear corrective interlude), I'm a LTB&H kinda guy. Also, don't forget the market discounts the future. If we do go into recession, the market will rally (and I mean big time) long before we're out of the recession.
