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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: peter michaelson who wrote (47269)	12/4/1999 1:23:00 PM
From: Dale Baker	Read Replies (1) \| Respond to of 122089

I found the seasonal difference more important than the projected numbers (which can always be cooked by methodology). The fact is that this is mostly a time for stocks to run up until all the year-end money is put to work and we find something new to worry about next spring. The only absolute numbers that really matter to me are my account balance. I am making money a lot faster on the long side than the S&P or any average out there apart from the Internet Index (IIX) this year and some of the Japan-focused mutual funds. If you can outperform the averages going short, more power to you. The key is not to get left out when money is being made.

To: peter michaelson who wrote (47269)	12/5/1999 3:38:00 AM
From: Henk Wondergem	Respond to of 122089

<<If Peter Stuyvesant had just invested his $24 at 7.5% for the last 380 years, the value would be greater than the whole of Manhattan. Over $20 trillion. Of course, if it was only 5%, the value would be only $3 billion.>> In highschool we were asked how rich Adam would be today if he had invested $0.01 at 5% 6000 years ago. The question of the teacher was "would it be more than the GNP"? Not one had the right answer, the final value he expressed in how many earths you could fill with greenbacks. Even that number we could not comprehend!