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

To: Ken Brown who wrote (3473)	2/17/1998 3:05:00 AM
From: Greg Luke	Read Replies (1) \| Respond to of 42834

It seems to me, to be consistent, one should "dollar cost average" OUT of the market (or to defensive positions). If the indicators turn negative,[and no one has said they are], and if a major bear market would take some time to develop, then it only makes sense for Bob to start saying, "Start dollar cost averaging out into a neutral position" ... or whatever. That way, if we do get a short term correction, you loose a little less money..but if we get into a down-right "gift horse sell" you will have less to deal with. Furthermore, all this talk about rapid action and reaction with the Markettimer. Long term and even intermediate term situations develop slowly (ie, months), not overnight. Also, don't forget, a Dow that settles back to retest 7500 could be the "much vaulted" three times test of the lows that Bob talks about with Japan. Greg