January, 30, 2003 archives

meg hourihan points to an article on the motley fool that puts the positive spin on declining stock prices. investing is good. investing in things that you believe have a declining value is just silly. why settle for average?

okay, this red herring article that says the nasdaq composite index has rebounded sharply is disingenuous, at best. their chart. the one-year chart. sure, it's about where it was last july (and has been wobbling around that mark since november). but it's off about 35% since the same time a year ago. it's all about the timescale you pick.