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Strategies & Market Trends : India Coffee House

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To: ratan lal who wrote (7351)	9/29/1999 2:41:00 PM
From: sea_biscuit	Read Replies (1) of 12475

I dont remember him making any stock market recommendations other than selling the stocks and converting to cash. And yet, you are asking which of his predictions were wrong! Shouldn't the one about stocks be enough?! Imagine getting out at Dow 2000 or 2500 and waiting for it to drop to 1000 or 1250! As for real estate, home prices didn't drop by as much as 50% everywhere. Maybe in some places like LA, where I remember the declines were as much as 40%, but it was much less steep elsewhere. Like Dallas, where Batra lives! Batra advocated that everybody follow his example and rent a house instead of owning one. Maybe his new book is an attempt to raise money to pay the rent for his apartment!<g>

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