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

To: Don S.Boller who wrote (12619)	1/2/1998 9:48:00 PM
From: Richard Estes	Read Replies (1) \| Respond to of 94695

and IBM took 10 years from its 1987 high to get even. But, if you picked only stocks that go up and held them for 53 years, you would have a big profit. The old buy and hold story. Sorry I can't buy stocks from 1945 have to make decisions on today's market. I really don't think this should be justification to sit thru 40-60% pullbacks that the decrepit stocks have experienced in their past. The reason you see IBM and others talked about and moving a little is good PR and name recognition. Not because they are growing or have "value", a great deal is due to funds having to find the hi-cap to allow them to trade. The media and brokers push them because they have got to sell them to someone.

To: Don S.Boller who wrote (12619)	1/3/1998 12:52:00 PM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

Yeah Don, There are no sure things! And no free lunches and, and , and... But this generation of brokers is trying to tell everyone and anyone who will listen that there IS! All pyramid schemes fail, and while this one takes on an entire new dimension, SOME day (didn't you say in the long term everyone is right?)... Interestingly enough, the 1993 Webster's Dictionary with over 500,000 words & meanings DOESN'T EVEN HAVE THE WORD PYRAMID IN IT (I guess Wall Street has gotten to them). <ggggg> So if I hear you right, you have to be able to sense those signs from the Penn Central RRs etc... and funny, that's not even in any issue of "How to Buy the Dips!" Not even the hardback! Regards, Bill