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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Terry Whitman who wrote (3953)3/23/2001 2:03:15 PM
From: donald sew  Read Replies (1) of 52237
 
Terry,

>>>> That said- Most of the gains lost have been paper losses. Temporary millionaires are just back to being middle class again. <<<<

To some degree, I agree with you but I think overall there are more losses now than gains. Maybe not a whole lot more but still more. On the way up there was alot of margin calls where I am aware that total portfolios have lost huge amounts. As for J6P - its probably within the break even point of 2-3 years ago. And then you the have the other end of the spectrum where a few bought at the bottom in i998-1999 and sold near the top, but haven't heard of too many of them.

Frankly, I dont see the US economy that bad right now, but after hearing of specific economic problems growing in Asia I have to wonder how well the US economy will hold up if they also falter, and Im not just talking about JAPAN. Growing economic weaknesses in Singapore/Taiwan/Malaysia/Thailand/Korea and possibly China.
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