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


To: Cal Amari who wrote (7451)2/18/2011 5:31:20 PM
From: James Hutton  Respond to of 119362
 
Yeah, 2001 was a horrible year, my only year of underperformance (although this year sux so far). There were so many times in late 2000/2001 that those tech high flyers looked like bargains at 75% of their highs; and at 50%; and at 25%.



To: Cal Amari who wrote (7451)2/18/2011 5:37:43 PM
From: patron_anejo_por_favor  Read Replies (2) | Respond to of 119362
 
>>Funny (sad) thing is that a former boss of mine sold his (SoCal) house in late 2000 (thinking that SoCal property values were topping out), put all the proceeds into JDSU and Nortel while he quit his job and went to seminary school, and then lost about 75% in the stock market within a few months.<<

As the lizard king, Jim Morrison himself once said "When I was back there in Seminary School, there was a proposition put forth that you could petition the Lord with prayer! Petition the LORD WITH PRAYER! Petition the lord.....with prayer!

YOU CANNOT PETITION THE LORD WITH PRAYER!"

(Though maybe you can with tech stocks)!<G>