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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (17577)9/3/2001 8:49:17 PM
From: Trading Machine  Read Replies (2) | Respond to of 52237
 
Well Lee, you've convinced me! I'm gonna start the basket of stocks tomorrow so that a few years down the road I can sit back and sip my Merlot and eat some rat cheese. Then when I croak I can leave it to my .....

Well wait a minute! I tried this before! I bought some of the stalwart IBM back in January of 1989, held and held, but in 1993 I gave up and sold it at a loss. Whew, did I ever loose, bought it for $32 as I remember it and sold it for $11.60 four years later. ugh! But yeah, if I had it now I could have tripled my money! Lessse, bot = $32, held for it for 12 years (sounds like a whiskey,ggg), sold it for $100, my calculator tells me that that is equal to 9.96% interest per year. Not bad!

But wait, I recently had QQQ pooooots for 4 weeks and tripled my money. Now I may be from out-of-town but one seems better to me! gggg

OT: What are you building Lee? I'm always seeing where you are moving into HD!gggg

Good luck next week.ggg

Cu

Paul K.



To: Lee Lichterman III who wrote (17577)9/5/2001 10:14:54 PM
From: sea_biscuit  Read Replies (3) | Respond to of 52237
 
All: I believe that if this economy has to recover, it has to be in the context of inflationary growth. Also, since pretty much everyone is up to their necks in debt, it might be in everyone's interests that inflation be high, so that they can repay their debts in inflated dollars in the years to come.

So, if the Fed (or the government) wanted inflation, what is the easiest, best and surefire way of inducing it? I am thinking of artificially-induced oil scarcity... Does anybody have other ideas?