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Pastimes : Long term buy and hold suffering -- Ignore unavailable to you. Want to Upgrade?

To: Hawk who wrote (25)9/9/2002 11:37:39 PM
From: TheStockStalker  Respond to of 63
 
The problem I see is that there is too many doom sayers right now, just like there were too many optimist when naz was at 5k.

If you are long, then the your statement should make you happy.
In that statement is the answer to universe of the stock market and other Extraordinary Popular Delusions and the Madness of Crowds . So what exactly is the "problem" then??? I mean if they were all giddy and long and wrong at 5k then they are all scared and wrong...... Get the picture. The markets is counterintuitive and thinking that way is the key to making money in it.

TS



To: Hawk who wrote (25)9/10/2002 1:46:14 AM
From: Gulo  Read Replies (2) | Respond to of 63
 
Hawk,
If you think we are entering a worldwide depression, why don't you get out now? Or sell index futures? Better yet, if you think the markets may or may not drop at some unspecified time over the next year, buy a put option on the index most similar to your portfolio.

Don't just stand there watching your capital wither away - do something!
-g


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