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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 687.86-0.4%Dec 29 4:00 PM EST

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To: marginmike who wrote (65108)12/27/2000 10:28:40 PM
From: Ingenious  Read Replies (2) of 99985
 
margin: the sky is not falling even though the nasdaq may have had a bad year. it is not the first nor the last time the markets will be turbulent. i hope you made a wad of cash and your retirement is more interesting than working; many of us actually enjoy working even though we could also retire. frankly, i would not be so quick to equate early *retirement* with success as many people much more wealthy than you could ever be continue to work every day (eg gates, ellison, etc.)

i suppose you can make a bearish argument about the market but i think you are preaching to the choir. the fact is, we are at a relative low and the market can only go sideways for so long - eventually it will rise again and bring reward to those stock pickers with patience. stocks like qcom and broadcom have very bright futures; they are are feeding next generation devices with all the necessary components. there is no question these stocks will succeed just a matter of when. so why miss the boat?
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