Nate Duehr wrote: > Buy low, sell high. You have to take some money off the table when > things are going up. If an investment goes up 50% you MUST take your > money out that you invested and play on the "house's" money... just like > gambling at that point, because what goes up, must come down. > I don't know, the S&P 500 is a pretty good bet: It comes down a little but it always goes back up. If it goes down you should hold it unless you invested money that you need... which of course as you state is a terrible idea. Guessing the bottom of this trough would be a really good move but right now looks like a good time to buy if you're going to be holding for a couple years. - Martin -- http://www.piclist.com PIC/SX FAQ & list archive View/change your membership options at http://mailman.mit.edu/mailman/listinfo/piclist