VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: limtex who wrote (39186)	7/18/2001 10:34:59 AM
From: Jim Willie CB	Read Replies (1) of 65232

people will always get rich from the stock market that has been true for decades and will continue to be true I think what you mean is for a majority of people getting rich simultaneously from the stock market and I agree given that prices for stocks are determined on the margin (of willing buyers and sellers), if equilibrium is found at higher levels for a majority, you have a prescription for artificial wealth on a macro level, which breeds bigtime inflation historically whenever artificial high levels are experienced, artificial low levels soon follow in time we saw it in 2000 I expected a Post-Y2K Effect and shared opinions on that matter in Oct-Nov 1999 but I never expected it to be this bad personally I think the areas to get rich are ENERGY and WIRELESS the energy sector has lost much wind in the sails lately the wireless sector has run aground, with sails chewn by violent flutter both are viable nearterm and longterm I love both for 4-5 years / jw

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