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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: bearshark who wrote (11013)	12/6/1997 12:30:00 PM
From: Pancho Villa	Read Replies (1) \| Respond to of 94695

Bear shark, intersting story! the learning for me is that one should be carefull particularly if one has done very well in the past. I logged in 35%+ in 96 and 45%+ so far in 97 why risk it? IMO reducing equity exposure in this environment is a wise idea. Pancho PS: but you see greed and fear all over again! people think what about if the market goes up 30% in 98 and I miss all the action? well IMO the risk of it going down is a bit greater than of it going up [I may be mistaken! but at this point I rather miss some of the upside as I would also miss some of the dowsside if BK hits!