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Date: Fri, 6 Jul 2001 01:01:08 EDT
From: Jwpowers1@aol.com
Subject: Re: [CANSLIM] Re: positives from real money.
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Hey Bill!
That time period (69-92) is my nightmare. However, it's not impossible to do
well, just difficult. Checkout this chart: <A HREF="http://chart.bigcharts.com/bc3/intchart/frames/chart.asp?symb=wmt&compidx=SP500%3A3377&ma=0&maval=13%2C25%2C50&uf=0&lf=4&lf2=0&lf3=0&type=128&size=2&state=15&sid=5318&style=320&freq=4&startdate=1%2F4%2F71&enddate=12%2F31%2F1983&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=1295&mocktick=1">Walmart</A>
In a message dated 7/5/01 10:59:51 PM Central Daylight Time,
financial@profnet.org writes:
> > Re:positives from real money
> > saw some historical DOW numbers recently that showed the DOW alternating
> > between 14-17 year periods of bull, then 14-17 years where it went nowhere
> > (with lots of volatility in between). It was remarkably consistent for
> > something like 150 years! If history repeats itself, we will still be near
> > these levels in 2014 and possibly 2017.
> >
> > I searched the web for a link to the article that I read, and this is the
> > closest thing that I found: http://www.harmonictiming.com/article1pg1.htm
>
> I could not agree more. Those who are so bullish going
> forward are stupid, to say the least, and if they think they can
> trade their way to great profits, they should be in an asylum!! If
> you think this is not true, examine the period 1966-1982,
> stock prices adjusted for inflation fell 75%, exactly the same
> percentage as the 1929-32 plunge. And most money managers
> DID EVEN WORSE!! Going forward, the best way to insure
> profits is go for above-avearge yields with companies sure to
> boost dividends each year. It may be boring. BUT IT WORKS!
<BR>That time period (69-92) is my nightmare. However, it's not impossible to do
<BR>well, just difficult. Checkout this chart: <A HREF="http://chart.bigcharts.com/bc3/intchart/frames/chart.asp?symb=wmt&compidx=SP500%3A3377&ma=0&maval=13%2C25%2C50&uf=0&lf=4&lf2=0&lf3=0&type=128&size=2&state=15&sid=5318&style=320&freq=4&startdate=1%2F4%2F71&enddate=12%2F31%2F1983&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=1295&mocktick=1">Walmart</A>
<BR>
<BR>In a message dated 7/5/01 10:59:51 PM Central Daylight Time,
<BR>financial@profnet.org writes:
<BR>
<BR>
<BR><BLOCKQUOTE TYPE=CITE style="BORDER-LEFT: #0000ff 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px">> Re:positives from real money
<BR>> saw some historical DOW numbers recently that showed the DOW alternating
<BR>> between 14-17 year periods of bull, then 14-17 years where it went nowhere
<BR>> (with lots of volatility in between). It was remarkably consistent for
<BR>> something like 150 years! If history repeats itself, we will still be near
<BR>> these levels in 2014 and possibly 2017.
<BR>>
<BR>> I searched the web for a link to the article that I read, and this is the
<BR>> closest thing that I found: http://www.harmonictiming.com/article1pg1.htm
<BR>
<BR>I could not agree more. Those who are so bullish going
<BR>forward are stupid, to say the least, and if they think they can
<BR>trade their way to great profits, they should be in an asylum!! If
<BR>you think this is not true, examine the period 1966-1982,
<BR>stock prices adjusted for inflation fell 75%, exactly the same
<BR>percentage as the 1929-32 plunge. And most money managers
<BR>DID EVEN WORSE!! Going forward, the best way to insure
<BR>profits is go for above-avearge yields with companies sure to
<BR>boost dividends each year. It may be boring. BUT IT WORKS!