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


To: geewiz who wrote (27031)9/9/1998 12:48:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Hi art,

I have numerous reasons to buy here, but mostly a gut feeling I suppose. (and I have a big gut).

I think we've cycle bottomed and there's support at these levels earlier this year. I could be wrong, but I just see too much trendy bearish chat and it seems to have become in vogue for pundits to talk bearish also. I think the trees are getting in the way and blocking their view of the forest.

Forgive me for sounding trite, but I like buying when everyone is looking for a place to sell. This strategy has served me well over the years and I'm aggressive and very patient. And if I'm wrong, I can sit on my positions for a very long time. I'm not trading these positions, I'm buying for the next 3 - 5 years.

My wife and I had a great trip and it's good to be back, thanks.

All The Best.

GZ