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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (24494)	3/18/1999 10:59:00 PM
From: James Strauss	Respond to of 50167

A Bullsye View... ******************** If you're a born bull, you've surely seen Bill O'Neil's great lesson from the history of the market: "During the last 50 years, we have had 12 bull markets and 11 bear markets. But guess what? The bull markets averaged going up about 100 percent, and the bear markets, on the average, declined 25 percent to 30 percent. Not only that [but] the typical bull market lasted 3.75 years, and the classic bear market lingered only nine months. Viewed with that perspective, that's a terrific deal. "But I will go you one better. Did you know that in the last 100 years, we have had more than 25 bear-market slumps (natural, normal corrections of the previous bull-market advance) and every single time the market recovered and ultimately soared into new high ground. That's fantastic. ... It's one of the greatest success stories in the world." rd.yahoo.com*http://cbs.marketwatch.com/archive/19990318/news/current/superstar.htx?source=blq/yhoo&dist=yhoo Jim