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To: KeepItSimple who wrote (31260)12/27/1998 1:24:00 AM
From: Jack T. Pearson  Respond to of 164684
 
If you agree that investors have not been in at least a 10% correction in the last 6 years, you don't understand squat.



To: KeepItSimple who wrote (31260)12/27/1998 12:52:00 PM
From: tonyt  Read Replies (1) | Respond to of 164684
 
>About 88% of all the money now in mutual funds has arrived there in the past 6 years.
>These new investors have never been through a correction of even 10%.

That's clearly not true. ALL the major indexes corrected 20% or more earlier this year, and all it taught us is that it was nothing more than a 'buying opportunity'.


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