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PureBytes Links
Trading Reference Links
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See *** below.
> most of the investors and public is already out ***Really, I didn't
think that.
> even the most conservative ones who follow fabians 200 day m/a are out
of
> market
> the only people who are not out are the 401k and 403b and other
retierment
> type accounts who will hold to year 2010. ***Maybe the question should
be when do fund managers panic.
> mutural funds houses have diffrent tapes to play for diffrent days
> fidelity for example on the 500 point day played a tape urging investors
not
> to sell and stay the course but only expect 8% average.
> which is the true ret 1900-1998. ***Sorry, I didn't get this.
> one thing to keep in mind
> if you bought the sp500 on 01/11/73 you had to hold it untill 02/13/80
to
> JUST BREAK EVEN!!!
> tnat is why mkt timing pays off ***I agree. Although I do believe in
trend following I don't believe in holding on through sharp sell offs.
Brent
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