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To: Jurgis Bekepuris who wrote (103111)8/8/2011 4:19:33 PM
From: JibacoaRead Replies (1) | Respond to of 118717
 
<<Look at Jan-Feb 2009. How many people did not buy because they could have lost another 50% and then would need 100% gain just to get even? Yet, you could have bought then and made 300% or 500%. >>

But those were other times.<g>
I can vouch for that, because I retired in 1999 and was able to make more money playing with the market in a few months than in the 40 years that I worked as a physician. <g>
Of course when I started in private practice, the average charge for an office visit in Chicago was $5 and some people complained if thay were charged more than $8 for a house call.
Obstetricians charged $125 for all office visits during pregnancy including delivery.<g>
Before Medicare, the average charge for a hospital room was $15 and a private room would cost $30
Now a days, many of the physicians in Ft Lauderdale usually charge more than $200 for a visit and it could easily cost $10,000 or more for a couple of hours in the Emergency Room.
Times do change and can't be compared.
I still remember when you could buy a bottle of coke for five cents and fill your car gas tank for less than $10 <g>