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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: rubbersoul who wrote (26813)3/12/2005 10:17:31 PM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 313092
 
At the moment, I am in the process of learning how to hold onto cash for longer than a day or two. <:O) When you figure it out send me the instructions..



To: rubbersoul who wrote (26813)3/12/2005 11:10:03 PM
From: tyc:>  Read Replies (1) | Respond to of 313092
 
Interesting John... And similar to my eclectic strategies ! One difference may be this; I'm committed to the market .... cash is for spending. I believe in diversification; my mining speculation is therefore limited both in amount and term (only time devoted to it is unlimited !). I reduce a holding if/as a price climbs relative to the market, and would not hesitate to repurchase profitably on a pull back, other things being equal. In other words, I try to play volatilities.

(I measure gains/losses against market performance.... my goal is to grow the "market convertibility" of my stocks (gold convertibility would do just as well), believing that even in the short term the market will outperform cash. So you see I have no fear of market declines.... a stock is not declining if the market is declining apace. It's all in the mind.. you'd be surprised at how easy it is to convince oneself ..lol.

I don't think this is a superior strategy, but it's fun and has stood the test of time !