hardie plank siding hardie board siding lake villa hardie siding south barrington replace siding siding options .. Chicago Drug testing

NASDAQ 800?

In November of 2000 when the NASDAQ was trading at 3000 I wrote in this column that the NASDAQ Index would fall to 1500 and I got lots of heat for saying it. Microsoft had fallen from $129 to $60 per share. You know where they are today.

The talking heads on CNBC-TV and many of the radio stock experts are convinced we are headed back up as soon as this small "correction" is over ? and they could be right, but I seem to remember their former predictions just before the major stock indexes went over the edge of Financial Niagara Falls. Can it happen again since the market has fallen so far?

For a year the DOW has been creeping higher. The NASDAQ has gained back about 40%, but please remember the NASDAQ Index is not composed of the same stocks as it was 3 years ago and neither is the DOW. Many companies went bankrupt and others have been delisted because they do not meet the criteria to remain on the board.

Too many investors have not done their homework. Most of them only know the great bull market of 1982 to 2000. The same goes for brokers. Almost none have ever seen a bear market. I call the mutual fund managers 'children' because most of them were in diapers during the last bear of l972-74 and they discount the sudden break of 1987 as an aberration. What it amounts to is they have no idea of what to do when the brown stuff hits the fan.

It is a shame that brokers are not taught the basics of how to protect customers' money and same goes for mutual fund managers. Scores of mutual funds went out of business during the last break and others were absorbed by their big brothers in large fund families.

The market rarely crashes as it did in 1987 and usually erodes away as it did in 1972-74. Current investors have never been told about secular bull and secular bear markets that last about 16 to 18 years in each direction. During those down or at best sideways periods investors are happy to break even. This is a historical fact that you can check back for a hundred years.

If we are in this 16 years down that started in 2000 do you have a plan as to what to do to protect your financial well being? Most people don't and they refuse to accept the idea that anything like another loss of 80% can occur. Brokers don't have a plan. Fund managers don't have a plan. Do you have a plan? If you don't it is time to start thinking how you can protect what you have now. The most important thing about any investment is not to lose money.

The market today has the potential for another 2000 break. Now is the time to protect your investments. Get your stocks and mutual funds out and if you have any that have lost more than 10 or even 20% from their highest price it would be wise to sell them and remain in cash. NASDAQ 800 may not be far away.

Al Thomas' book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter at http://www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know.

Copyright 2005

In The News:

Option Trading Basics

Options trading can increase the profits you make when trading... Read More

War Market

There is no question that the stock market is being... Read More

The Stock Market - How Just One Question Will Tell You All You Need To Know About Your Stock Broker

Last time we looked at the real performance of the... Read More

Frog In The Pot

You remember the story about the frog that was put... Read More

Dont Fight The Fed

One of the great truisms of Wall Street is "Don't... Read More

Investment Capital Gains

Have you bought any mutual funds this year or late... Read More

KISS Formula

There are formulas for just about everything, but it has... Read More

So, What is This Stock Market Thing Anyway?

We've all heard of the stock market and probably have... Read More

Staying Sane While Wall Street Crashes

Everybody is riding the Wall Street Roller coaster. Even if... Read More

Stock Market Course .... Day Trader Online Seminar ... Can You Generate Profits Trading from Home?

When it comes to stock market trading it PAYS to... Read More

Top 25 Growth Funds

On Monday, November 25, 2000 Investor's Business Daily listed on... Read More

VooDoo Training For the Stock Market

If you go to Haiti or other places in the... Read More

Catnip of the Stock Market

I have watched my cat play with a bag of... Read More

Robert Rodriguez Weathers the Stock Market

Robert Rodriguez likes to buy stocks at their lows. When... Read More

Smart Day Trading Strategies to Help You Make Money in the Stock Market

Stock trading can be a very profitable activity. You can... Read More

Picking Mutual Funds to Outperform the Market

With over 6,000 mutual funds available, it may be tempting... Read More

Long Term Investing

In his wonderful book, 'Multiple Streams of Income', best selling... Read More

Discipline

One of the great "secrets" of successful people is discipline... Read More

Analyst Reports

When you become interested in a stock or mutual fund... Read More

Investment Attorneys and Garbage Stocks

How is it possible that trash Companies are posting less... Read More

NASDAQ 800?

In November of 2000 when the NASDAQ was trading at... Read More

A Stock Market Investment Plan that Never Lets You Down

The bulls and bears of the stock market are both... Read More

How to Evaluate Load vs. No Load Mutual Funds

If you have been dealing with mutual funds for any... Read More

How to Make Big Money Safely in Stock Market

(1) Stock Market is Tough Place to Make Any Money... Read More

When?

When will the stock market stop going down and start... Read More

led light blubs induction street lighting Pete's produce ..
led light blubs induction street lighting Pete's produce ..