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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: g_m10 who wrote (1615)	12/7/1997 8:40:00 PM
From: Don Green	Read Replies (1) \| Respond to of 12617

"In this market every fool would make money. And we did." Said by a man who has the best proven track record." This what I am most concerned about.. This market has been a BULL for more than 15 years... Most of the today's money managers are Steve's age...(29), and REALLY don't know what a BEAR or even FLAT market is... Even most of the mutual funds today have only been around maybe 10 years... A 2 week, 10 percent correction means nothing. I remember a nearly 10 years when the market (Dow) didn't make a new high... I know I sound like one of those older 50-60 year old market sages. But this is very serious... So many people have so much of their life's assets in the market and have NO idea what they own...They think you can make 20-30 percent a year in mutual funds...(that is a mania...) I am prepared for a BIG 3000 point crash, when the market stays down and many lose all of their equity, because they keep thinking it will come back, it always has...before! Day Trading and SOES is at the tip of this mania... Just Be CAREFUL...