Subject: Re: OT: so you want an index
I forgot one important point: As so many investors losing money creates a huge psychological problem for me. I know me well enough that I am extremely unwilling to sell stuff with a loss. So even if "the top is rounded" and "there is 1 or 2 months or more time to get out" I would NOT easily get out on the way down, but against my better knowledge I would constantly hope for a counter reaction big enough that I could sell my positions without a loss (as is since quite a while the case with my little remaining BABA+KMX+HSY). So on the way down I would wait and wait and wait......