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To: sunny who wrote (3458)1/23/2000 11:31:00 AM
From: Seeker of Truth  Read Replies (1) | Respond to of 6018
 
There is a favorite 30-40 group. I think most people on this thread own mainly some of those. They are growing at rates from 28% to 65% for those with visible earnings. For the incubators the internal growth rate is probably around 100%.
Now do you think that new money will ignore such stocks for 5-10 years? Remember people won't stop trying to get rich.
There are not so many ways for a passive investor.
A 2-3 year break in the steady rise of the markets IS possible though not probable in my opinion. I don't know your age and I'm guessing that you are in your late twenties. If so 2-3 years is a large fraction of your adult life. But believe me, it passes. Since nobody can predict such things, getting out of the market every time things look frightening does not give you the best expectation value for profit.



To: sunny who wrote (3458)1/23/2000 4:32:00 PM
From: mact  Respond to of 6018
 
sunny, it is wise to worry...then u will not be caught off-guard...like u, i worry about corrections, but im worried about the 10-25% ones that last a month or two, not the ones that last for 10 yrs...perhaps im too young or too stupid to be scared about the "big one"... like Malcolm, i too believe that the communcation revolution we are experiencing is just getting started...i also do not see a huge and long lasting meltdown anytime soon...but what do i know(not much).

mact