Market comment: What do you say about this last week?? With gold back below $280US, is it headed back to $260US?? With a war going on in Afghanistan? With a potential war brewing next door between Pakistan and India? With religious rioting in Nigeria and Indonesia? With the anthrax scare? …Read More »
Monthly Archives: October 2001
Market comments, historical trends, and a lesson for the week.
Market comment: Fidelity Investments has a new advertisement on CNBC in which Peter Lynch, Vice- Chairman, states that since WWII, “corporate profit is up 60 fold and the market is up 60 fold” and “that’s why you invest in the stock market”. Well Mr. Lynch, I pity the poor fool …Read More »