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To: engineer who wrote (61653)1/12/2000 12:14:00 AM
From: LBstocks  Respond to of 152472
 
Market timing> "Too much lost by false tops and bottoms and commissions."

Don't forget taxes...



To: engineer who wrote (61653)1/12/2000 12:15:00 PM
From: LLCF  Respond to of 152472
 
< We had a very similar market in late 1998 and we saw alot of stocks plument very quickly into early Sept. and Oct. And within 1 month the FED had let up on interest rates and the market had turned over. It was a giant correction and it took place in about 10 days or so. Ebveryone was just as negative then as well.>

Sounds like a compelling case for Gold... economy highly leveraged such that the Fed must lower rates every time there's a hicup.

DAK