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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Brad Davies who wrote (4410)	3/8/1998 3:14:00 AM
From: T. Mann	Respond to of 18691

<<Of course, the story neglects to mention that in middle of November 1916 the market suffered a 20% break (by Xmass time), and within a year went down 43%. If the man did not die, he would have made 10 mil.>> This was a reply to the story by Joseph G. And of course, we all know what happened in 1929-32. So the lesson from the cautionary tale is caution, and the lesson from history is patience. Every tulip mania ends someday, every exponential growth becomes unsustainable and is followed by a crash. Regards, Tom