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


To: Maurice Winn who wrote (7981)8/30/2001 1:36:45 AM
From: LLCF  Respond to of 74559
 
< Time, J6P media, now all aware of the economic glitch around the world and journalists are starting to puff the story.>

It would make sense that this "stocks for the long run" mantra gets shown to be the absolute poppy cock that it is right on baby boomers heads [I'm one] no?? I mean supposedly they're the reason it ran so high. Being of the dismal science and all, I could never understand the proponants of those long run stats myself... I find it amazing that the same folks that say "'29 can't happen anymore, that was then, this is now" then turn around and use all that ancient data for "stocks for the long run"...

DAK