PSFT - Fiscal 1998 - Discussion for the next year Message Board

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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year

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Oct 29 5:00 PM EST

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To: Chuzzlewit who wrote (1978)	8/28/1998 10:29:00 PM
From: Melissa McAuliffe	Read Replies (3) of 4509

Chuzz, I'm no expert on bear markets that's for sure. But you make the statement that bear markets are associated with recessions. And I'm sure that has been true historically or you wouldn't have said it. But I wonder if things aren't maybe somewhat different now than they were historically. We are now living in a global economy. And it seems that whatever happens elsewhere impacts us and vice versa. If you go back and read older books on diversification of your portfolio you will see that it was typically recommended that some portion of your portfolio be not only in U. S. stocks but also International stocks. The idea being that one could balance the other when one was experiencing tough times. Well it seems to me that idea is out the window these days since it seems that the world markets all seem to go up and down together these days. Melissa

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