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Re: Slot, er, Stock Market



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In a message dated 9/3/99 8:50:53 PM Eastern Daylight Time, 
lswope@xxxxxxxxxxx writes:

<< I had a friend who told me "you can't lose money in an IRA".  She really 
thought that!  I have no opinion as to whether the market will go up or down. 
 But if it goes severely down, a lot of folks who are only familiar with bull 
markets and not bears are going to be shocked.  Because you can lose money in 
an IRA!
 
 Linda >>
good morning all
there  are  2 good articles  in barrons this weekend,,  one on market timing  
and one by ed yardani who says  dow 8000,,
(just for point of reffrence,,  if ou bought the dow on 1/1/1973  and kept it 
untill  1/11983
you would make  zero  %%,,,)
as a secound point of reffrence,,  mr yardeni  was  one  of  only  3 
economist who in the
1984-1985  era   predicted  long bond  @ 5%  for  1997-1999!!!!
best regards
Ben