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To: Venkie who wrote (11368)9/29/2003 1:03:59 PM
From: im a survivor  Respond to of 13815
 
Good luck. Although I have a small % in cash, I am not buying right now. In fact, IF ( and I hope we do...) we make another run towards 2k on naz, I will actually do some selling to raise cash level. This way I can be relaxed, and not too concerned with up or down. When heavily vested with just a small % in cash, I hate seeing big drops...obviously<ggg>.....but, if I am 50% vested, which will still give me very nice gains if we go up, and 50% cash, then I can get excited about the big red days, like Greg does. If you have plenty of cash, big drops are an opportunity. If your fully vested, big drops are nothing but a nauseating ride....so, I am holding, and hoping we can make another run. If we do, I will do SOME selling, and be happy if we bust above 2000/10,000 and be content if we drop to 1500/6500......



To: Venkie who wrote (11368)9/29/2003 1:12:01 PM
From: Sig  Read Replies (1) | Respond to of 13815
 
Will be No October crash
On the way down (thats 74% on the Nas) the bears were cruel, relentless, unforgiving and greedy.I said they wanted every invested buck back, and they nearly got it if you consider commissions
The worm has turned and the bull rush is on with nothing to stop it.
Does not mean investing will be any easier,and it never has been easy, some money may move from one segment to another.But long term the tech revolution is just getting started and prices are so cheap or money so easy we are getting to the throw away stages.
Like the 45 rpm Victrolas to the 33 RPM records to the sterophonics, to the VCR, to the CD's to DVD's to the???
The Moon, thats where.
China running like clockwork, everyone gets a wireless, they will be tripping over old ladies in the malls while talking on the phone.
Regards
Sig
I had summa that optv once. Is that close enuf to intv?