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What he means is:
diversify with other instruments like: bonds, gold, cash.
and of course diversify in your selection of equities (if you must be long
in this crash waiting to happen).
----- Original Message -----
From: Kim Hanson <hantran2@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, April 15, 2000 8:26 PM
Subject: [RT] Re: Greenspan Monitors Real Traders BB
> on 4/15/00 2:09 PM, Ross Kovacs at rossrk@xxxxxxxxxxxxxx was heard to
> mumble:
>
> > effectiveness
>
>
> I believe what he means is that in a market panic or near-panic sector
> diversification will not avoid significant losses. ( i.e.: on Friday where
> could you have been diversified to avoid losses, you couldn't, everything
> went down).
>
>
>
>
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