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wadegarret

03/21/07 6:36 PM

#68122 RE: avandalay05 #68114

OK OK- Let me make clear that

I have been playing the QID out of one mind set. That is- I don't feel comfortable being long this market. If you read my last post, although Bobwins makes some good points about the dangers of trying to time the market, I would ask you to explain to me why and how the economy would do well considering the factors I mentioned. I would also like to understand how the Fed lowering interest rates will do anything but add liquidity to an already overspent economy, where consumers are negative spending, and can't pay their debts as it is?

By the way, I don't mean to come off arrogant, so let me be humble and say, I may very well be wrong about the market in the short run just as Bobwins suggests, but then again, I can't bring myself to go nearly fully long either. So, I'm caught between a rock and a hard place as it will be painful to watch the QID go below $50. By the way, I appreciate the accolaids about my past DD. I worked very hard, and did exceedingly well for 3.7 straight years, but I really think the good times(easy money)is over. I think I'll have to mull over how much pain I can take though, as there is no doubt this market could rally quite a bit first, even if I ended up being right. Wade