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To: JRI who wrote (140071)8/20/1999 2:23:00 PM
From: stockman_scott  Read Replies (1) | Respond to of 176387
 
Stock Wealth Slipping Away?

More than $1.3 trillion in stock market wealth has
disappeared in less than four weeks since the
market peaked July 16. To put that in perspective,
that's nearly four times the $379 billion in stock
market wealth that has been created in the USA this
year as of Tuesday's close.

Some of the big losers:
AOL down 98 billion
MSFT down 91 billion
Coca Cola down 54 billion
Wal-Mart down 47 billion
(Source: USA Today)

So much for the "buy and hold" approach <VBG>...

Best Regards,

Scott



To: JRI who wrote (140071)8/21/1999 9:07:00 PM
From: stockman_scott  Respond to of 176387
 
John: Any comments on this update from the Fed would be welcome...

biz.yahoo.com

So far Rosser.com has been quite accurate <G>...

I continue to see the glass as half-full and am quite fully invested.

Best Regards,

Scott