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Strategies & Market Trends : The Amateur Traders Corner
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To: cblranch who wrote (11086)6/22/2001 2:07:43 PM
From: Tom Hua  Read Replies (2) of 19633
 
Brad, speaking of old timers, I bet not too many people were in the market in the late 60s (neither was I) but a look at history could be interesting. From 65 to 74, large cap stocks return an average of 1.2% per year, well below government bonds and other fixed income instruments. Are we in another L-shaped market? Who knows but IMO, we're in a Q-shaped market. It goes around in a circle and bites you in the tail when you least expect it.

Are you still short NETE? My No. 2 short position.

Regards,

Tom
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