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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Bilow who wrote (9585)11/12/1997 8:19:00 PM
From: Bonnie Bear  Read Replies (1) | Respond to of 94695
 
Carl: That was true for me both in 1982 and 1990. Both times there was double-digit unemployment and high interest rates. The top of a bull market coincides with low interest rates and full employment that creates surplus money needing a place to go.
The layoff notices will undoubtedly be flooding the Valley this week. :(



To: Bilow who wrote (9585)11/12/1997 9:14:00 PM
From: Investor2  Respond to of 94695
 
RE: "In other words, the time to buy is when you don't have any
money you can risk buying stocks with."

I believe that you are 100% correct with the above statement - at least in my case. In 1974, I knew the market was attractive, but, as you indicate, I didn't have any money I could risk buying stocks with. I had money and purchased stock in late October 1987; that's how I know the "87 Crash" wasn't a true bear market.

Best wishes,

I2