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Strategies & Market Trends : NetCurrents NTCS

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To: Teresa Lo who wrote (575)	10/13/2000 1:45:31 AM
From: Michael Watkins	Read Replies (1) of 8925

Teresa, you know it. The same charts that hang on the wall of every IA's office. Typical introductory chit chat with a new client: I'm glad we will be working together. First off, I know all new investors are worried about risk and market crashes and such things. Lets look at the chart of the 'market'. See that little blip, that's the 1987 crash. And you can barely see the fabled crash from way back, because the market, in the long run always provides returns for the patient investor. Yeah, Mr/Ms IA doesn't tell you that they pull all the losers out of the indicies on a regular basis. He doesn't show you charts of Laidlaw or Bre*X or twenty dozen failed Dot.Coms or... LOL

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