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To: tekgk who wrote (15039)3/20/1998 10:18:00 AM
From: Tommaso  Respond to of 18056
 
I was just reading your message without realizing who wrote it, and thinking, "Here's someone who knows his economic history!" But just when I thought I had found a new source of common sense I scrolled back to the top and and see--"tekgk"

Same old source of common sense.



To: tekgk who wrote (15039)3/20/1998 12:02:00 PM
From: Bonnie Bear  Read Replies (1) | Respond to of 18056
 
there are markets--- and then there are markets.
40% of the world's population is in China and India, and sooner or later the stock markets in Bombay and Beijing will dwarf ours, if they adopt the same securities systems we use. Greed is a human thing, I don't think the U.S. has a monopoly on it.
I don't think i'd want to be out of the global stock market in the next ten years. I'd be willing to bet the global wealth gets redistributed in some very surprising ways.



To: tekgk who wrote (15039)3/20/1998 7:45:00 PM
From: robnhood  Respond to of 18056
 
tek, I was just taking you to task, I think I knew what you meant. The old rule, 85% lose money in the market, 10%, break even, and 5% reap all the rewards. This analogy has lately been turned on it's head, however I take consolation in the fact that all these fat profits are unrealized in most cases and subject to revision in a circuit breaker moment.

russell