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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (6985)11/20/2002 10:22:34 AM
From: GraceZRespond to of 306849
 
You'll see more and more BS like this as people realize that people like me are making money in stocks.

I've actually recommended that my friends and clients who are sitting on a pile of low yielding cash both put some into stocks and pay down their mortgages. They're shell shocked by the last three years, I'd never suggest that they go whole hog into stocks. If it's really a bull market then there will be lots of time to get into good names. You know you are in a bull when its hard to buy, the market doesn't race up but price doesn't break making it hard to enter. The important thing is to buy good companies whose fundamentals are improving, if you don't have fundamental conviction in a bull you can't hold because there is always lots of backing and filling making you doubt. You need to hold in a real bull in order to get the best return, they are almost impossible to trade. Although it does seem that a lot of trash is trading up right now.