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hiker

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hiker

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Re: Ace Hanlon post# 7167

Tuesday, 07/23/2002 6:05:35 PM

Tuesday, July 23, 2002 6:05:35 PM

Post# of 704019
Re: Despite my stupid arrogance in not dumping my QQQ position when the loss was small, my innate caution has again served me well. Although I am taking quite a beating on QQQ, my investment there is quite small -- just 5% of assets. The other 95% in cash. Thank God!

George, congrats on your instinct for capital preservation! From your other posts I gathered that you think highly of Hussman's fund, and thought that might be among your holdings... do you have a philosophy for being in or out of that fund (assuming you do use it). I have had one eye on it for a while and have considered a small stake there. (My problem with this as with any managed mutual fund is having to somewhat blindly trust the manager.) Regards -hiker

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