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To: Tommaso who wrote (123244)9/18/2001 12:14:26 PM
From: marginmike  Read Replies (2) | Respond to of 436258
 
the question is this months from the bottom? I dont think it is. I think there is still one major move down. People will pretend this war doesnt have deep economic repracations. Until they accept that there will be no bottom.



To: Tommaso who wrote (123244)9/18/2001 12:16:48 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
<<After that, it was extremely hard to make much money until 1982.>>

That's true. The bulls after the '74-'75 recovery through the '82 bottom were weak and short-lived. It was essentially a range bound market, though many energy stocks and some selected techs did well. In a very general sense, though, you would have done well buying ANYTIME in the '74-'82 period...provided you held through untill '87 or beyond.


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