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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: BGR who wrote (130959)10/24/2001 10:25:35 PM
From: marginmike  Read Replies (2) of 436258
 
That is ridiculous, I sold out early 2000 and went short, now I just collect coupons and hedge a few long and short's. There are many cycals in Us market history that have 10-20 year periods that go sideway's. After 1966 bull market was one of them, why wouldnt we be in one know. In the 1960's Mutual funds were all the rage and equities were the nifty 50. This is eirily similear, and the market didnt come out from hybernation until LTBH mentality was demolished. The same will happen again.
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