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

To: William H Huebl who wrote (22265)	7/24/1998 5:57:00 PM
From: James F. Hopkins	Read Replies (5) \| Respond to of 94695

Hi Bill; Foot wet ! Well I dove in, but I may have to climb back out. You know it crossed my mind somehow that even the most ardent Bear I seen on SI, would not likely short the market say for a long term play. You know a lot of investors ( not me but a lot ) do invest with a five year or more time frame. In fact most that go into mutual funds do so with a long term outlook. While some bears may think that is foolish, how many of them would short the index, say the SPY with a long term outlook, five years or more ? Who among us would have the guts to say that if I short the SPY , 5 years from now I'll be ahead. I think we get a bad rap as Perma Bears , and we are not. That we keep an eye out for a BK don't make us bears at all. That I play dips , hoping to ride up and miss most of the corrections don't make me a bear. --------------- Why do we get labeled as a bear thread..it's not fair. That one eye is looking dips and down swings, the other looking is looking for something to buy, and the Big Kahuna is not so much our focus but something we hope to be able to get out of the way of if it comes. Heck it may not come in my life time, but it will someday. The DOW may be at 30000 when it does , but only those who know it is always a threat will have a chance of not being completely wiped out. -------------------- Just thinking out loud, if you could call it thinking, more like musing.. Jim PS to those who think the Kahuna thread is a Bear Thread, you are just seeing what you want to see, and are out of touch with reality . We are not a gang of Bears, we are wantabe market timers that ought to do it. <G>