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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (31533)8/25/1998 11:55:00 PM
From: Amir Shalit  Read Replies (2) | Respond to of 132070
 
I2, what if you bought any of the Nikkei dips
over the last 10 years? What would you do if
it takes you 25 years to break even?

Amir



To: Investor2 who wrote (31533)8/26/1998 12:03:00 AM
From: kahunabear  Read Replies (1) | Respond to of 132070
 
Are semis, HMOs, REITs, Banks, Airlines, Oil, small caps, Asia, Latin America, Russia, commodities, gold, etc. wrong ?

There are a lot of people starting to lose money. There is little pricing flexibility anywhere. Sure retail and housing look good, but they can turn on a dime just like oil and semis. IMO, this market is shouting SELL.

The amazing segments are the S&P, Dow and Internet stocks. The divergence is HUGE. As a value/contrarian investor I am amazed at all of the opportunities that have popped up. I am trying to hold back until the other foot drops.

BWDIK, everything could bounce and all could be right with the world, but I doubt it.

KB



To: Investor2 who wrote (31533)8/26/1998 11:18:00 AM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
I2, But I would contend that your experience is rare. Most individuals lost their shirts in 1997 and have only returned to the market in the last few years. Heck, those few of us who bought in 1974 did great, too, but there weren't that many of us. I spent a year living at 5 star hotels in Europe after that one. Then, when the money ran out, I went to Wharton and got financial aid. Which I needed by that time. <G>

MB