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To: Investor2 who wrote (13102)4/11/2000 1:51:00 PM
From: rsie  Respond to of 15132
 
Great graph on volatility of the nasdaq at this site:

investech.com

Rich



To: Investor2 who wrote (13102)4/11/2000 3:46:00 PM
From: Kirk ©  Read Replies (1) | Respond to of 15132
 
Graphs like that investech.com remind me of 11th century England right after someone sells a castle... All the serfs have hovels selling for a shilling or two and the castle sells for 1,000 Pounds. In 1076 there was one single sale of a castle and a single hovel exchanged hands also. The high price of the castle sale allows all the surfs to say "The Average Home sale in our neighborhood in 1076 was 500 pounds!" Can you buy a castle for 500 pounds or can you sell a hovel for 500 pounds, or anything close? Well, the statistics say you can.

BTW, numbers made up but you get the point. I Don't own the NASDAQ, I just own stocks growing fast with good earnings and solid PEG ratios that happen to be listed on the NASDAQ and I'm still way up suite101.com despite the correction in stocks without the good fundamentals.

Buy good stuff, pay a fair price, and you don't have to worry TOO MUCH about what the fools are paying or when the last one can't find a chair to sit in.

Cheers
Kirk out