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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (6266)	3/10/2001 4:37:54 AM
From: ColtonGang	Read Replies (1) \| Respond to of 6445

Read it and weep..........http://www.washingtonpost.com/wp-dyn/articles/A48629-2001Mar9.html

To: Jenna who wrote (6266)	3/10/2001 12:03:50 PM
From: puborectalis	Respond to of 6445

:....reminded of what John Templeton did in 1942. The stock market in New York was depressed because of the Great Depression and World War II. With a modest amount of money Templeton bought 100 shares of each of the stocks on the New York Stock Exchange that were selling for less than $1.00. He held on to them for a good long while, and although some of these companies didn’t survive, he had bought the vast bulk so cheaply that he made a fortune. Today many Nasdaq stocks sell for small sums. A similar strategy might be to buy all these stocks and hold them through thick and thin. In five, ten, fifteen years there’s an excellent chance that this will be one of the best investments an investor will ever make...."

To: Jenna who wrote (6266)	3/10/2001 12:40:20 PM
From: Frederick Langford	Read Replies (1) \| Respond to of 6445

Speaking of smug, how about these guys who missed the entire huge move in Tech/Inet stocks from 1997 to 2000? They are actually bragging, can you believe that? They are being featured on all the TV stock shows as the really smart gurus. Give me a break, they missed making a huge pile of money. I went into 2000 with a fat portfolio, up 800%. Had I avoided tech/internet stocks over the past years like Buffet and Biggs, I'd surely be a ton poorer. For the poor shnooks that were buy and holders of old economy, they had 3 lousy years. This has been their first good year. What makes that so smart? One in four doesn't a guru make. Why don't they feature the Guru who said, sell your Tech stocks last March? There were even some on SI. Those are the real Gurus. The others are like a broken clock, right 2 times a day whether they tried or not. I'm not impressed. Fred