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To: John Madarasz who wrote (8142)5/16/2001 5:31:33 PM
From: SecularBull  Read Replies (1) | Respond to of 10934
 
But aren't you fighting the Fed?

Not that you have any true risk if you're not invested (or short), but...

~SB~



To: John Madarasz who wrote (8142)5/17/2001 2:29:01 AM
From: Uncle Frank  Read Replies (1) | Respond to of 10934
 
>> Wall street wants the average joe top be fully invested 100% of the time...

Agreed.

>> that taking profits and paying taxes on s.t. cap gains is bad...

No way. They want lots of trading.

>> and that $ cost averaging down is good.

Aren't you combining two concepts? Dollar cost averaging is a much different process from averaging down. Do you object to both?

uf