Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Kid Rock who wrote (3392)	5/3/2001 11:00:17 AM
From: Ilaine	Read Replies (1) of 74559

>>any family that is -40K in debt is not invested in the stock market<< Now that statement is just insupportable. People have been borrowing money to put in the stock market - refinancing their houses, maxing out their credit cards, taking out a Ditech loan for 125% of home equity. What's the problem - stocks always go up in the long run. >>i do think the impact of energy costs will have a major impact(both short and long term)<< Which have yet to be fully experienced. >>what about going long on energy?<< Not a bad idea - last year.

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