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

To: paulmcg0 who wrote (14380)	2/25/1998 7:32:00 AM
From: Liatris Spicata	Read Replies (1) \| Respond to of 94695

Paul- What r u, some kind of commie? Or are you just so far out of it as to be anti-American? [In any case, I'll bet you're not married!] Why if everyone acted the way you did Detroit would be a ghosttown and children all over the land would go to bed hungry- all because of your unwillingness to spend a nickel! Seriously, don't be so sure you can time this market- William Hueb can't. I was suspicious when the DOW crossed 4000- sure am glad I didn't sell, but instead kept on investing. Yes, one day again cash will be king- but the DOW may have doubled again before that happens. In two years you could find yourself vindicated if things take a real downturn (not like the fool's downturn last Fall), but you may also regret it if the market simply returns 10% a year over the next two years. Why not invest a modest portion (say 20%) of you assets in equities that you think will do well over the long haul, and stop trying to outsmart Wall Street? Even if the market does head seriously south, will you know when to jump in? Might you just sit there when the DOW bottoms at 5000, waiting for it to return to 3500? Sir John Templeton merrily responds to the question "When is the best time to get into the market" with the cheerful response, "Anytime!". I'd wish you well with your strategy, but I'd be sltting my own throat! Larry

To: paulmcg0 who wrote (14380)	2/25/1998 10:09:00 AM
From: James F. Hopkins	Respond to of 94695

Paul; First I owe you and apology, in an early post I goofed the news article was written by Pierre Belec, and somehow the way your name was signed just above it along with my lisdexia I called you a Puppet..I'm sorry. I do not like Rueters news service, or most of their commentaries. I see a personal agenda behind the stuff they tell us is important. I've been to England and I know how the British are prone to look down their nose at us. Many of them believe it or not still hold a grudge because we tossed their rear out of the U.S. I know that sounds far out, and they disguise it but it's still there. -------------------------- I don't want to get into it but they have at times repeatedly done things to undermine our government and set policy for the U.S. ------------------------- To your post , about being debt free..the only people that can benefit from holding debt are a select group of elitist that get government money at cheap rates and resell it at higher levels. It's a racket that has been imposed on our system of government and actually takes the real power out of our hands and turns it over to the big money boys. -------------------------- If your not part of the elitist circle, debt will just turn you into a slave. About the time you think your getting ahead they pull the plug. ------------------------------- Jim