The Stockmarket

[heshy]

Originally posted by wig@Oct 4 2003, 05:46 AM
And not to be cynical, but I believe that it is going to be rather difficult times for the next few years, probably stretching out to 2008.

That does not mean the economy won't expand. Only that it will be tougher on the general population.

There won't be ppl making money hand over fist like they were when the market was going straight up.

It was that euphoric mentality that aided many things, including the willingness to hang on to a porn membership or write off that unexpected recurred transactions instead of charging it back.

There is a big difference in the psychology of the masses at this point compared with 1999-2000.

I would never discount WAR vs. PEACE time either!

Wig----

I disagree on your market prediction as a whole but that is here nor there when it comes down to an indivuals portfolio.

Speaking on indivual stocks. If you buy stocks and they each go down 20% and you get out, obviously you lose. But if a good % goes up and you let your winners keep going there is money to be made if the company your using is making the correct picks.