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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (2102)11/12/1997 8:03:00 PM
From: dougjn  Read Replies (1) | Respond to of 42834
 
Hate paying taxes. All through bull that controlled. Possible/likely sea change now. I like to be early to sell, late to buy. (Only a little for each. <g>).

Very many respected prognosticators thought bull could end sometime after winter 98. Including BB. Why? Basically, lower profits. Downturn. So, guess what. Market, goaded on by the Asian collapse, fears of Latin collapse, is deciding to accelerate.

There is mega downside. Moderate upside. We are not in a low risk environment. I think for myself. I sold. I am feeling very happy.

How are you feeling?

Not to goad, to illustrate. Maybe it makes sense. Hey, I have a seven figure investment account. I pay $15-20 trade regardless of size. Good execution (Discover.) I can turn on a dime. I costs NOTHING outside of the lowest historical rate on LT CG in 50 years plus, to sell. So I did. And locked in very big gains.

Regards, Doug