Autor: Acampora
Data: 17-06-2003 05:22
Our own personal investing started back in 1967. Soon after we started, the bear market of 1969-70 hit and what a surprise it was! Stocks that only went up, up, up in 1967-8, went down, down, down. Not to worry, May, 1970 rolled around and a new bull market began. Happy days were here again with most stocks going up, up, up. How could you lose?
Well, a little more than two and a half years later it was January, 1973 and after that, the unthinkable occurred again, but this time the worst bear market since the 1930's unfolded during 1973 and most of 1974. That was it!. We were fed up with only looking at a stock's fundamentals.
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