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Timing is everything, but it takes luck to "know when to hold em, know when to fold em". There is a saying in the equities market "Leave a little profit for the next guy". And, I know folks that, despite advice to the contrary, held on during the last turndown. Some lost virtually everything.
If some of you think you can time it just right, God bless. Most can't;
some are lucky, most are not.
I, for one, do not believe strongly in cycles; they change too.
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Bob S. former owner of a 1984 silver 944
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