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


To: P.Prazeres who wrote (40142)5/21/1999 11:26:00 AM
From: James F. Hopkins  Respond to of 94695
 
Paulo; I didn't take it as an attack at all, just trying to point
out that what may work for one person don't always work for someone
else. I think people have to developed a style that fits them,
Buffet and Bill Gates are miles apart as to their investment
strategies but are good friends and both seem to do right well.
At times one will do better than the other but it's sort of like
at the dog track. There are several styles of betting that can
win , and many that lose, but if you find one that works for
you sticking with it and not running hot and cold is the best
strategy, if the style gets cold just back off, it'll come
back..if you run hunting another style then when it does come
back you miss it.
I've settled down to playing indexes, and or funds, I do not
own or short any individual stock. The old style I had of
averaging down when I was wrong worked real well as long as I
kept some dry powder and it got me out of many a bad bet,
but it often takes the nerve of a cat burglar to make it work,
and I cant say taht's for every one.
Jim