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Subject:  Re: S&P "Should be" 1835 Date:  12/30/2002  2:46 PM
Author:  Daryll40 Number:  88177 of 888851

Joexwill WritesSomebody makes a totally preposterous prediction (even without 9/11) and it causes you to be glad you bought the index? Why aren't you sorry you did not short it?

OK! Fair enough! I guess I would have been somewhat wealthier had I shorted the S&P in August of 2001. That being said, if I had done that, I'd be market timing and I CERTAINLY am not smart enough to know how to make money doing THAT consistently. My point was that I was glad I chose an overall conservative asset allocation and did not fall prey to financial porn like that.

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