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Biotech / Medical : The thread of life
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To: nigel bates who wrote (259)2/6/2002 12:07:49 PM
From: Mike McFarlandRead Replies (1) of 1336
 
A year early is fine, so long as she still
owns it ten years from now. That is the
trick isn't it, playing the volatility
some if the time, then riding the wave.

If I were 55 instead of 35 this market
would give me an ulcer, and things may
go badly. Seems like there is a good chance
we will see the Nasdaq below 1500 soon,
and it may stay down there for years.
I'll probably beef up my positions from
time to time, no rush for sure.

A lot of folks had brokers two years ago
who put them 80% in stocks, no matter their
age or risk profile. The devaluation of
equities will probably continue for awhile
as more and more people reach their breaking
point.
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