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

To: wlheatmoon who wrote (42514)	1/7/1999 12:46:00 PM
From: Ilaine	Read Replies (3) \| Respond to of 132070

MKC, try posing your question to William Magner, I know he has the statistics, if you had bought at the top in 1929, I don't think you would have recovered until the 1940's, I don't know if that is adjusted for inflation, etc. I think there was another period in the 1960s where it took decades to recover. I know you are saying, invest regularly, every month or whatever, and that is statistically a good thing to do, except that it is never a good idea to buy at the top of a bubble. As Mike so colorfully puts it, your money will die a quick death.

To: wlheatmoon who wrote (42514)	1/7/1999 12:55:00 PM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

MKC, The cheap stuff is LDF, APF, SGF, GTF, SOA, AFF, SWZ, OST, UKM, TDF, TCH, PKF, IFN, EMF, EWJ, etc. And, what I am saying is, folks were saying the same thing about these now cheap funds when they were at their tops. That is when you buy US tech stocks, not now, IMHO Yes, you can have anxiety in a pyramid or Ponzi Scheme if you are not joining in and your friends are making pretent dollars. If you want to join in safely, use 90/10 to buy calls. MB