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Politics : High Tolerance Plasticity
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To: MetalTrader who wrote (7458)9/6/2001 7:59:25 AM
From: Think4Yourself  Read Replies (1) of 23153
 
MT,

You have some very good points there. The following comment really made me think:

If you began your multiyear period in 1965 you waited until the 1982 to recover your investment (Dow Industrial Average).

I wonder what folks will be saying in 2020? Maybe it will go something like this: "If you began your multiyear period in 2000 you're still waiting to recover your investment (Nasdaq Index)."

Then again, who actually "begins" holding at the top? Anyone who bought in 2000 and held all the way down has probably either killed themselves or is in a Sanitarium :o)

We're also closer to a bottom than a top even if it is only because so many stocks are closer to 0 than to their 2000 highs.
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