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Yup, I agree with Gerald. If you can hold your stock for 10 -12 years you
should breakeven.
Furthermore, what a great day for English football, 1-0 over Argentina.
----- Original Message -----
From: "Gerald Marisch" <gm@xxxxxxxxxxxxx>
To: "Ian McVicar" <icm63@xxxxxxxxxxx>; "OmegaList" <omega-list@xxxxxxxxxx>
Sent: Friday, June 07, 2002 2:10 PM
Subject: Re: Repeat of 1929 or 1987 Imminent?
> "...close the door and turn off the lights?"
>
> Dry humor aside, we as investors, speculators and traders, should OPEN
MORE
> DOORS and TURN ON MORE LIGHTS.
>
> 1929 is ancient history. The investment community is light years ahead of
> where it was in 1929. Sophistication, new horizons and global markets
> reign. The American financial markets are the envy and prototype of every
> world-wide exchange.
>
> Regulations and the strictest enforcement possible is in place as
reflected
> in my post of 6-6-02, repeated here:
>
> "The following is from Jewish World Today, 6-6-02 - a great day in
Freedom's
> history.
>
> "On this day in 1934, the New Deal swept through Wall Street, as President
> Franklin Roosevelt signed the Securities Exchange Act. With the swoop of
his
> pen, Roosevelt sanctioned a set of regulations designed to rein in the
stock
> swapping shenanigans and duplicitous sales tactics that had riddled the
New
> York Stock Exchange (NYSE) and helped spark the Great Crash of 1929."
>
> -------------------
>
> 1987? Black Monday? A serious event but truly and anomaly to the overall
> pulse of the markets. And if you believe Gann "stuff", note that the Dow
> recovered 50% almost overnight and went onward and upward from there.
>
> --------------------
>
> Turn off the lights? ALL STADIUM LIGHTS SHOULD BE ON! Long term as the
> commercial goes... "I'm Bullish on America". Everyone else should be too!
>
>
> ----- Original Message -----
> From: "Ian McVicar" <icm63@xxxxxxxxxxx>
> To: "OmegaList" <omega-list@xxxxxxxxxx>
> Sent: Friday, June 07, 2002 00:27
> Subject: Repeat of 1929 or 1987 Imminent?
>
>
> SHOULD WE close the door and turn off the lights????
>
> What you think ?
>
> Ian
> PS : I am not assciated with this service, just thought its was
interesting
>
> LINK : http://www.jasmts.com
>
>
> In one of Jim Shepherd's recent newsletters he pointed out that six of the
> largest companies in America have now lost over $1.6 trillion of market
> capitalization in the last 2 years, an amount equal to $5,000 for every
man
> woman and child in this country.
>
> During that same time period the subscribers to The Shepherd Investment
> Strategist have preserved their wealth while taking advantage of the first
> of
> several investment recommendations to deal with such an environment
> identified
> by his model. That first recommendation by Jim Shepherd has now grown
> relatively safely by approximately 39% since late 1999 and new
> recommendations
> are on the way.
>
> As an investor, you know that the temptations put forward by the financial
> media enticing you to stay in the stock market have been almost
> irresistible.
> Jim's recent Special Report just released earlier this month on "The
> Psychology
> of the Markets" covers this. If nothing else you should take a moment to
> read
> this short but succinct outline of the pressures investors have been
under.
> Reading it may save you from making a similar error in the NEAR future.
See
> it
> at this link: Psychology of the Markets.
>
> http://www.sold.com.au - The Sold.com.au Big Brand Sale
> - New PCs, notebooks, digital cameras, phones and more ... Sale ends June
12
>
>
>
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