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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?


To: Gwolf who wrote (1358)8/28/1998 2:49:00 PM
From: Paul Shread  Read Replies (1) | Respond to of 3339
 
That would work out well. I'm due to retire then.



To: Gwolf who wrote (1358)8/28/1998 3:11:00 PM
From: Tommaso  Read Replies (2) | Respond to of 3339
 
Well, actually the quickest money you will ever make is off the bottom of a bear market. But you have to wait till the decline is almost over to do that. I would not start scaling into the general market until it's down at least 40% from the previous top--or about 5000 on the Dow, unlikely as that may seem at this point. If you hit it right, it's not hard to double your money in six to nine months off a bear market low, especially using margin near the bottom.



To: Gwolf who wrote (1358)8/28/1998 3:46:00 PM
From: Paul Shread  Respond to of 3339
 
Actually, I've got a big chunk of money in undervalued Dow stocks (Foolish Four), which rose something like 30% in '73-'74. I'm not a completely mindless bull.