Ask Vendit Off Topic Questions

[Vendit]

How ' bout a media blitz? Interesting how far the pendulum swings from insatiable greed to insatiable fear.

I've been giving this a lot of thought, I am sure that you have figured out.<g>

I think you are on target with your media blitz statement but there is still something deeper at work here which I think is true and will seem like an over simplification to you once you read this message.

Over the past 20 years the average annual market return was about 11% to 12%. Along comes the Internet and investment money jumps into this new economy creating some wild annualized returns since 1995 to 2000.

I have personally had several hundred percent gains in my trading account most of each of the last 5 years just playing the long side of things and stepping out and into cash when corrections occurred. This is NOT normal.

This latest market tanking is nothing more than the markets retuning to what IS normal. I will post some charts tomorrow showing where I think the normal trading range should be on both the nasdaq and dow.

Normal is a good thing. We are not in a recession but we are in for a market future, which will require even more market discipline if you are a trader and less discipline if you are LTBH quality stocks.

Don't get me wrong; the fast buck will always be there but will require more work to find.

I like Donna stocks today.

:8-)


Reid