Toofuzzy: My Winning Losers,
Much of what you say is(was)true, but I think that you simplify the issue by referring to winning as a result of the fact that everything went up, and hat wining that winning that way is easy. I have always hated to follow advice, so realised my profits by doing wat appeared foolish:
During the Mexican Crisis(well, one of them!) the warnings about dropping stocks came out. Latin American stocks dropped left and right, so even though that was a fact I thought it time to start investing with my AIM-method. My faith here was that Mexico and Brazil, etc. were not going to disappear. The stock recoverd to original levels and we made a bundle. I call this: I did it My Way. In spite of other stock prices were dropping in a cyclic manner we made money on them as well, after selling out at a lower than entry price.
Conrad