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To: Gut Trader who wrote (133318)11/7/2001 2:51:39 PM
From: Knighty Tin  Respond to of 436258
 
Gut, the bigger problem is that most people were not dollar cost averaging early in the 1990s. Most didn't start until we were well off the bear market lows. And many stopped buying completely in 1998 until the market came back. Ditto for right now. So, the picture looks bad for dollar cost averagers, but much worse for the average investor.