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Strategies & Market Trends : Winter in the Great White North

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To: E. Charters who wrote (2595)7/20/2002 4:32:23 PM
From: ralfph  Read Replies (1) of 8273
 
Eric
You must love horseflies.

The papers sure are funny right now.The front of the Post is a good example . Accusing investors of panic. Thats not panic you idiots thats reality settling in. Blaming the investors is a load of crap, Buying Nortel or RIM at a PE ratio of 1650 to one might of been panic on the investors part. It was not that long ago we were being told to leverage our houses and get in on the great profits to be made-now thats crap and any body who bought into that was suffering from some form of panic.
As an investor I am insulted by the stuff these guys print.
everything would be fine if you just listened to us and did not sell The friggin market went up for 18 years . If you look at the long term historical charts the market could remain neutral or go down for a symilar period. Things will cycle durring that period though. The trick will be getting on and off those cyclical trains at the right time.
Things are just returning to "normal" we have yet to see true panic.

regards
ralfph
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