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Politics : Ask Michael Burke

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To: abraves who wrote (46259)2/9/1999 11:14:00 PM
From: Knighty Tin  Read Replies (1) of 132070
 
Abraves, then, instead of being highly invested in fluff stocks, you have really been wise and have most of your money in cash. That wasn't the way your previous notes sounded, so congrats. However, I still feel that if you think that bear markets run like the dinky downturn last summer/fall, then you haven't met a bear market yet. If you bought in 1968. you got even in 1982, nominally. With inflation adjusted, it was about 1986. That is a bear market.

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