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

To: Dave Kahn who wrote (2428)	12/15/1997 1:53:00 PM
From: sea_biscuit	Respond to of 42834

You know if the market goes up to it highs as BB said it will she may come away with 8% in 6 months -- if she sells at the high (big IF).. Dumb people make money also. I agree. That's why it is such a delight when we see them developing cold feet! Believe it or not, I recently heard somebody say at a party that Warren Buffett's 23% annual return is no big deal these days when the market is returning 30%! Dipy.

To: Dave Kahn who wrote (2428)	12/15/1997 1:54:00 PM
From: Greg Luke	Read Replies (1) \| Respond to of 42834

"Active Investing" in the stock market requires patients and discipline. By active investing I mean, having the confidence to hold on (or hold back) until a market gives you some clear direction. I recall my father calling the market like this as being caught in a trading range. That is, the Dow is contained by psychological factors. As long as it bounces between Dow 8200 and 7400..we will not have the trend lines to guide us. We all make mistakes. I guess some make $10,000 mistakes..and others make $390,000 mistakes. My guess is she will have all her money back and a nice profit by summer. That is, if she has learned the lesson that impetous selling is just a dangerous as impulse buying! Greg