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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 37.91+0.2%11:24 AM EST

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To: Ann Janssen who wrote (13032)11/10/1997 7:01:00 PM
From: TechnoWiz  Read Replies (3) of 27012
 
Hi Ann, seconded. Excellent article. Thankyou for posting it. Unfortunately, the die is cast in regards to the investment styles of fund managers. If anything is true, we face an even more volatile markets in the future. The key to success is to take advantage of the opportunities this volatility offers both long and short term investors.

If you happened to watch WSW Friday night you may have picked up on the fact that we are nowhere near the percentage volatility levels that marked the tops in '29 and '74.

I think Frank's mantra has been the correct one and will continue to be in the future. My father did very well by following this same mantra from the '30's thru WWII et all, but he, like almost everyone else had to endure some pain in '74. Because of this, I am a strong believer in the ability to time markets and have dedicated my life's work to it. In spite of this relatively short term debacle of the mid '70's, it sowed the seeds of an even greater bull market which by some measures we are still in.

Vigilance is your best defence.

rgds

Tec
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