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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (21092)10/28/1998 2:50:00 AM
From: steve susko  Read Replies (1) | Respond to of 50167
 
Good point, my learned friend. Objectivity is something one need to develop in order to be successful in this market. I thought the pullback would start yesterday, but RUT finished almost unchanged despite earlier pullback and dow finishing off the day low.

I read a little about Warren Buffet in this month Forbes. The doctor that invested in his very first investment fund in the mid or late 50's, he parlayed about $20,000 of his money into about $4 to 500 millions.

Do you keep a core long term portfolio and add to it in down time of the year and trade the up and down to take advantage of volatility.