Re: hello


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Posted by rono on November 06, 2009 at 13:45:24:

In Reply to: Re: hello posted by johnN on November 06, 2009 at 13:10:50:

John,

This run has at times been volatile and has pulled back 5-7% or so. However, when it gets to the crazy stage, you could easily see moves of $100 dollars a day. This could result in larger pullbacks without breaking the overall trend.

However, my point is that so far, we haven't hit the crazy stage, or even close. You should have seen things in the late 90's during the dot.com mania. Many funds were up over 100% annually and individual stocks were even more nuts.

When we get to that stage, your exit strategy discipline is crucial. Your rebalancing is crucial. Your moderation is crucial.

For now, this is sh*ts and giggles.

peace,

rono


: thanks rono
: sounds like you are the king of gold here @ FA, you've preach it pretty well. I understand it now, just try to stay with the trends and if it goes up, slowly dca in, and same thing if it goes down 10%, then slowly get out but don't take everything out. this way you'll certainly gain the most during a bull market as well as loose the least during a bear market

: thanks again




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