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To: j g cordes who wrote (32318)	1/6/1998 1:33:00 PM
From: vegetarian	Read Replies (1) \| Respond to of 58727

>>If this is true "..this market is going to tank but that it will fluctuate and be volitile and that the long term investor will not make that much this year but the traders should." then getting really good at selling positions will be more important than buying.<< Which may be tantamount to saying picking good short candidates is important because there you sell first. For long positions the implication of being good at selling in a tanking market is less clear because it depends on the investment horizon; for traders it may mean minimizing losses. In a tanking market proceeds from long positions could be secondary though (unless one plans to make all the money only on technical bounces against the tide).