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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: AC Flyer who wrote (21379)7/17/2002 1:13:01 PM
From: LLCF  Read Replies (1) of 74559
 
<Then why didn't you say that, instead of pulling the "investing 101" crap. >

Because it IS [cyclicals] 101... and the insinuation that I thought high and low PE's were bad because I was a fool wasn't exactly direct speak either.

In any case, I can see that it was an uncalled for 'jab' on my part... so I am sorry about that.

I believe we finished the biggest boom in US history a couple years ago, and now were a small way through the biggest bust... we've been discussing that on the thread for > a year, it is the backdrop for which I make my posts... sorry if that's confusing.

<in which case I'll be waiting a long time to get my monopoly money back. >

Most people will simply sell eventually as they get sick and tired of stocks doing nothing while the money in their MM accounts keep racking up gains month after month. Sort of the reverse of what happend until a couple years ago.

DAK
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