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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (34272)11/24/1998 7:01:00 AM
From: Hawkmoon  Read Replies (1) | Respond to of 94695
 
GZ,

I'm thinking about all the people I know with 401K programs who think the stock market will always be up over the long run.

I said they're right, but that the highs of '29 weren't seen again until '54. And that was after a major global depression and a world war.

Call me overly extreme or apocalyptic, but I sense something similiar or worse in our near future. (However, I'm perfectly willing to be wrong... :0)

Regards,

Ron