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To: tbird1; steveegg
C'mon Laz., give us the big one.

We're all gonna die!!!

78 posted on 10/10/2002 4:38:51 AM PDT by Lazamataz
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To: Lazamataz
Once upon a time - in October of 1974, actually - the DJIA was at 640. Lurid advertisements warned that Dow 200 was likely. Sadness and misery were widespread, and everyone knew that stocks were doomed.

That was the low point for the markets, and even today the DJIA is more than 10 times what it was a mere 28 years ago.

Might I add that October and November have, over the past century, been the best months to buy stocks? But a good month to buy stocks implies an intermediate term bottom.

Are there bumps in the road ahead? Sure. But from a decade long perspective, I have great confidence in the American economy. Pick up some shares of a quality, no-load mutual fund and put them back for the long term. Ten years from now, you'll be glad you did.

79 posted on 10/10/2002 5:06:52 AM PDT by neutrino
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To: Lazamataz
RE: 'We're all going to die'.

Your persistently bearish sentiment is like...a downer, man.

Look on the bright side...gravity will no longer be a constant threat, at least.

And the voices in your head should quit.
88 posted on 10/10/2002 10:09:00 AM PDT by headsonpikes
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