To: tradermike_1999 who wrote (9955 ) 9/22/2001 11:36:38 AM From: westpacific Read Replies (4) | Respond to of 74559 Remember when bull market began the NASDAQ was trading at 200. (1982) In 1971 to 1982 it went from 100 to 200 - meaning a net gain of 10% a year. From 1982 to 1990 - during the great bull market run it went from 200 to 500 meaning a net gain of 12% a year. From 1990 to 1995 - during the internet age, and the exploding bull market it ran from 500 to 1000 - again meaning a net return of 10% a year. From 1995 to 1998 - in the explosion period of the internet it went from 1000 to 2000, again a 10% return a year. From 1998 to 2000 - the final bull market blowoff, it ran from 2000 to 5000, yet only a return of 15% - even in the total top of the mania. This means that to get a 10% return in the best of markets is hard work, and that is if you picked the right funds or stocks. Making back stock market losses is going to be the hardest thing faced by Americans in the years ahead. Greenscams money mismanegement has taken away safe money returns, (T-bills, munis, MMs) now averaging under 3% a year (not able to beat inflation). In the years ahead just keeping ones head above water is going to become difficult with capital returns. We are entering a new era of difficult times for Americans. The number one goal now is to accept capital returns that keep up with inflation - do not erode capital, and hopefully a small return as well. Hold onto capital (cash), as it will be king in the coming market cycle. Capital once lost will be very difficult to recoup. There is no doubt this is what lies ahead, time to hunker down and get realistic on what to expect from your capital. Be happy and make your number one goal - capital preservation and risk management. This is now Phase 2 of the bear market, in phase 2 it is very difficult to make money. Markets swings are erratic and unpredictable, ride tight stops, except smaller gains and lock profits at every turn. This is a market to not get behind on your trade, it will be very easy to see your account move backward instread of forward - even for the best of traders. FYI, I would not be suprised to see a DOW 4000, NAS 400, SP 400 in this coming cycle bottom. These have been revised down from my thoughts of over one year ago. Everyone remain positive, All the best West