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Strategies & Market Trends : Rande Is . . . HOME

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To: Joe Smith who wrote (44415)12/31/2000 11:53:38 AM
From: Rande Is  Read Replies (1) of 57584
 
Joe, thanks much. And I agree that the comparisons to 29 are near-sighted, as are comparisons to 1974. This is a different world. Unlike both those years, the technology we have now actually works!! Now if we were investing in stocks that were researching time travel and light speed travel, I'd agree. In 29, they had turned the market into a giant casino. And in the mid to late 70's the woes of the world were extremely heavy, the economy was slow. . .unemployment was running rampant. . .as was inflation. . . oil, gold and silver were all the rage. I fail to see the simularities. Today's productivity is unprecedented.

Anyway, thanks again.

Rande Is
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