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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Pancho Villa who wrote (6167)4/4/1998 5:43:00 PM
From: sammy levy  Read Replies (1) | Respond to of 18691
 
Last year,in JAN,I moved my 401k from stocks to money fund ,as I expected THE CORRECTION.
Then I saw the bull is still running, remembered that the market has a mind of its own,and it will go down when IT wants to go down,not when I THINK it should go down.
So i went back in.
rationale is--
1..in for the long run.
2..last yr made 32%,this yr 16%,total 48%.If it takes a hit of 25%(if it does that)still ahead much more than if in mmf.
What else can one do?

rgrds Sammy

P.S. Into short/long ,on my own,with play money.