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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (1756)10/22/1998 9:08:00 PM
From: Math Junkie  Read Replies (1) | Respond to of 15132
 
<<MrGreenJeans, I want more of those silly posts if you get the chance>>

My name's not GreanJeans, but here's one of my favorites:

Message 5681207



To: Justa Werkenstiff who wrote (1756)10/22/1998 9:11:00 PM
From: MrGreenJeans  Read Replies (2) | Respond to of 15132
 
MrGreenJeans Presents...The Honor Roll(That's Entertainment)

The following for your evening entertainment was taken from the The Stock Market Bubble Thread moderated by Roger A. Babble...I mean Babb..for your entertainment I present the following...I say tomato you say Tommaso...This one's a riot folks:

To: Philipp (1177 )
From: Tommaso Thursday, Aug 20 1998 9:34AM ET

I agree with you. 1929-1932; 1973-1974; and here we are, 24 years later, with valuations higher than ever and with the frothiest stocks frothier than almost anything seen in the century.

I also agree that although a few people will make money on the downside, the great majority of prudent souls would be best to be in cash (at least I take that to be the implication of what you said). This worked very well for me in 1973-74, resulting in a lasting doubling of my capital at the time--a 100% gain--with very little risk. Even at 20%-per-year gains in the latter part of this bull market, that was still an awfully good return for the period 1971-1975--and it did not go away.


Hope this guy keeps his day job!