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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Warren Gates who wrote (728)	11/17/2000 12:12:05 PM
From: Tommaso	Respond to of 74559

There is nothing normal about the stock market's movement at any time. There are normal ranges of stock valuations. Anyone who can estimate correctly two times out of three whether a stock is undervalued or overvalued will be a billionaire if he lives long enough. Anyone who can guess five times out of nine will be a millionaire. Nine out of sixteen will make you comfortable. This assumes an ability to save money and to resist squandering profits on expendable items like $80,000 automobiles. People who trade in and out of the market mostly end up breaking about even or losing money.