Quote:
Originally posted by heshy@Oct 4 2003, 07:30 AM
Serge---your cash should be INVESTED. Your losing cash being on the sidelines.
Your safety net is SELL when down 20%.
And let your winners keep winning.
Always hold or sell once your winners take a 20% to 30% dip from its previos high.
It ain't Rocket science----JUST simple math
h
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Sometimes, concentrating on the return OF your money is more important than the return ON your money.
Cash is king when no one else has any.
Look around today and give me your honest opinion on the liquidity of the average american (let alone average american stock market investor).