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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era

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To: Frank Heise who wrote (1564)4/14/1999 10:58:00 AM
From: porcupine --''''>  Read Replies (3) of 1722
 
Frank: Thanks for de-lurking. Did you get a chance to read Wayne's posting (#1547) about what Peter Lynch is saying? I noted a sense of unease in this otherwise perpetual optimist about current prices. In particular, the part that reads ''We've had 15 periods of declines of 25 percent or more (this century) and we'll have more of those...you need to say to yourself what am I going to do, and if the
answer is 'I'm getting out,' you ought to get out now.''

This is as close to a general sell signal as I've ever heard come from Peter Lynch. You've been around for awile, what are your thoughts on the matter?
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