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Re: peacecorps post# 1140

Tuesday, 10/10/2006 6:51:59 PM

Tuesday, October 10, 2006 6:51:59 PM

Post# of 22157
this market hasn't done anything substantial for over 5 years...inflation adjusted, the DOW is still down from its high..earning meanwhile, bla,bla,bla, yes, you're right, it's not that easy to make money either way, but if you were in the market during the tech bubble, you certainly were making money hand over fist...every day....evry Tom, Dick and Harry was trading stocks, talking to their broker..lol..broker...hmmm..on their cell phones...trading online...the market went up what seemed like forever....and then went almost straight down...

right now you have a bit of irrational fear on the part of players saying it needs to correct...it really doesn't need to correct if you think about it, it hasn't gone anywhere...jmho...and history isn't always repeated...how many people sat out this ENTIRE rally waiting for the dreaded 4 year cycle low in September/October because that is what almost EVERY major investment newsletter and media outlet preached to us for the past three months...how many times did we hear thorugh August that August was a HORRIBLE time to be in the market? How many times were we all warned that September was the WORST month to be in stocks? If you listened to mainstream media and all the so-called know-it-alls, you missed one hell of a rally...even if you were to sell it all today and wait for the next correction.
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