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To: Bill Harmond who wrote (5548)3/4/2001 5:51:18 PM
From: Glenn D. Rudolph  Respond to of 57684
 
I think we're in a cyclical bear market within a secular (since 1982) bull market driven by disinflation and hence low long-term rates.

I agree. I suppose it would be nice to know how long the down cycle will last but patience should win out. I mention on the Amazon thread I was placing cash in my regular account to have some on the sidelines to buy the stock of the firms in which I believe in the most. I will not commit until I believe there is a bottom which could be now but I would rather miss a few points moving up then move in during the downward momentum.

Thanks. Accepted.

:-)))))



To: Bill Harmond who wrote (5548)3/4/2001 6:19:39 PM
From: Mark Fowler  Respond to of 57684
 
biz.yahoo.com

Finally noticed in the news of brokerage layoffs are coming.