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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: BigBull who wrote (94081)8/29/2001 11:43:38 PM
From: cnyndwllr  Read Replies (2) of 95453
 
BigBull, I think the strongest point made in your post is the logic behind your investment strategy of buying in now for 5 year holds in tech that will likely help you retire. In view of the the huge amount of relatively affluent baby boomers who are looking at a similar time frame and seeing prices falling to lows in blue chips that they were kicking themselves for not buying at two short years ago, I can't see much more of a fall. Even at presumably historically overpriced values, there is still a lot of money chasing stocks and I don't believe it will let things drop too much as long as there are signs that a recovery will happen in the next year or so. It may be early, but I don't think it is painfully early. Definitely not margin time yet though. Ed
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