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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: Andrew who wrote (52600)	7/30/2001 10:37:30 PM
From: CharlieChina	Read Replies (1) \| Respond to of 62348

your right, our 10 year project seems very conservative. How this will play out is as follows. 1. baby boomers are coming out of the market at present,... these people are around 50-55 years of age 2. the market is thirsty for new real cash, not debt cash, so where do we find it? 3. from the baby boomers who die off and leave their wealth to the new age investors 4. that process might take 20-25 years...

To: Andrew who wrote (52600)	7/30/2001 11:52:46 PM
From: Davy Crockett	Respond to of 62348

From the National Post nationalpost.com July 30, 2001 World markets mirror U.S. slide Europe, Far East, North America post similar drops Eric Kirzner Financial Post The bear market of the past 16 months is shaping up as one of the most vicious of the past 100 years. At this stage, it is only outranked by the infamous 1929-32 Depression crash and the 1973-74 inflation-motivated slides. All of the world's major market regions have been affected, and in fact, in a curiously similar degree... & ...Investors base their decisions to buy and sell on their response to specific information or stimuli. Information includes corporate and economic data. A lethal atmosphere for stocks has been created by the combination of corporate losses, profit and revenue warnings, payroll cuts, weakening economic growth and spending cuts and expectations of further weakness. Well, the conclusion is completely wrong IHMO, but the author made some good points at the beginning of the article In other words, follow these simple rules: Don't look at your results every day. Use long-term buy and hold strategies for stocks.... ROTFLMAO... Buy & hold would have wiped me out... Regards, Peter