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To: Boplicity who wrote (5344)11/22/2000 10:37:57 AM
From: ratan lal  Respond to of 10934
 
I will be more then happy to see the market go down to 2600, better 2200

AS always there are 2 sides to every equation.

You will be happier because you are out of the market and would love to get in at a low price.

Similarly IF the market reaches your ideal 2200 level, some others may be happier if it went to 1200 and you would then be unhappy and finding all the positive reasons for the market to go up.

But ultimately if one is not margined out of the market, then for LTB&H'ers, the exact moment of purchase will not matter much since it will be a small portion of the profits.

However missing the stock compeltely while waiting for the right moment will surely hurt. I know I have been there waiting and waiting.