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Pastimes : Home on the range where the buffalo roam

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To: Boplicity who wrote (12481)	3/11/2004 6:35:37 AM
From: Sig	Read Replies (3) of 13815

<<<we have to be at a short term bottom, here, given the fact that I'm agreeing with you (KG4) LOL! Next the sun will not shine, all the pretty gals will be ugly, and dogs will die in mass. ohhh sad>>> Am now more interested in long term ,vs the fast make-a- buck boomers. Looking at the NAS from 1985 and up, its growing a bit less than 20% per year.Doubling each 5 years Starting at 200 in 1985, it should have reached 1600 in yr 2000, not the 5000 it did reach. By 2005 it may reach 2500 to 3200 if on schedule. One problem is that the Dow and NAS are not true indicators since they tend to remove bad stuff like Enron or KM and replace them with better stocks. Growth of specific stocks an average investor would hold would then be less than 20% It did hold true that the first 2 years of a new Presidents term are bad for the markets. And thats all I need to know- that the trend will probably be up. Unless Kerry gets elected. Might get a hairy November, tho (g) Sig

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