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To: Clappy who wrote (34858)3/18/2001 8:20:25 PM
From: AllansAlias  Respond to of 35685
 
Besides you may not want a bunch of critics telling you why you were wrong if the market turns in a short term direction against you.

I do not mind being wrong. Being right or wrong is not nearly as important as money and risk management. I am bearish on this market long-term, but will not be stubborn when we get some nice rallies -- which we will. We'll know in a couple of years if my wider view is incorrect.

It isn't how many times you are right and wrong, it's the size of the wrongs that kill you.

Cheers and good luck. Allan



To: Clappy who wrote (34858)3/18/2001 9:02:16 PM
From: Poet  Read Replies (1) | Respond to of 35685
 
Hi Clappy,

It's been a while. Nice to see you.

You're asking great questions. Gold has pulled back from its recent highs, BTW. There are lots of way to invest (ie. the indices, hedged v. unhedged miners, bullion, etc. There's plenty of good discussion on it over on the CFZ.

Here's to fleet-of-foot trading. <g>


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