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To: Oeconomicus who wrote (130171)8/16/2001 11:04:01 AM
From: craig crawford  Read Replies (1) | Respond to of 164684
 
i don't have all day to waste looking up every statistic to fit your particular timeframes. you want to use the absolute bottom of the market as the base for your assumptions, and no investor could time their purchases to fit your framework and generate the returns you claim. if someone was lucky enough to buy the exact bottom of the nasdaq on april 4th, i'm sure you could make some argument that it was easy to generate real returns this year. but we all know that you want to skew the numbers in your favor to support your argument. anyone who has traded from the long side this year will agree with me that unless you are a perfect market timer generating positive returns has been difficult. i suspect it was the same for the seventies.