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Alias Born | 09/17/2006 |
Saturday, February 20, 2021 9:21:52 PM
A 2 and 1/2 year Bear Market, scary? In March 2000 they markets started falling. and bottomed out in October 2002, 2 and 1/2 years. The internet heavy Nasdaq lost 66% of it's value. The S&P 500 lost half of it's value.
1. I checked a number of big food stocks, producer and retailers and they had a slight gain, like 1% in the 2 and 1/2 year period plus dividends, which I did not look up. The anti meat pro plant protein movement the NWO people are all for it, should help RIBT.
2. BYI, Balley Technologies went up 106 fold in the exact same 30 months. Yes $1000 grew to $106,000. I wish I had a chart, but the were bought out sometime since then. What they did was make slot machines at the same time Indian casinos and casinos in general all around the world were popping up. In a bear market, there are fewer good stocks going up, so, less for traders to choose from, so more interest?
I hope I am right if a bad market happenings, no guarantees.
BYI, no I never owned any, boo.
Life is not measured by the number of breaths you take, but by the moments that take your breath away--Wows happen!!!
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