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


To: Maurice Winn who wrote (14166)1/29/2002 10:10:29 AM
From: LLCF  Read Replies (1) | Respond to of 74559
 
<The point of saying it doesn't matter where it starts is that by buying regularly, no matter where the market is>

Yes, I see... and my point stands... OF COURSE it matters what price you pay. You may think todays prices will bear out you point, but contrary to what you say, there are certainly prices that will not.

<Of course it matters to buy at 150,000 because that is not a market price. That suggestion is ignoring the principle behind the idea.>

No, it's not, it's obviating the fallacy of you're arguement. So you wouldn't buy DOW 150,000K today?? Ok, what is overvalued in your book??? THATS the point... the number exists.

DAK