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To: Tenchusatsu who wrote (167401)7/3/2002 4:14:57 PM
From: GVTucker  Read Replies (2) | Respond to of 186894
 
Tenchusatsu, RE: The kind who doesn't want to play the game of "wait for the bottom" because the only way a bottom can be recognized is through hindsight.


To me, that's the very reason that you would want to wait for the bottom.

Rather than pick your spot, guessing that the bottom has finally been reached, just wait.

You won't pick the exact bottom, but you'll avoid picking a false bottom.



To: Tenchusatsu who wrote (167401)7/3/2002 4:17:11 PM
From: Oral Roberts  Read Replies (1) | Respond to of 186894
 
Well if that works for you I guess that is great. I don't have enough money to ignore capital preservation nor will I live long enough to see INTC back in the 70's so I am forced to sell things when they breakdown in their charts.