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I expect, as in the next century this market remains strong. Dow's index which now dangles nearby 9 000, thanks to recover of global economy by 2005 can is easy

?T USUAL TO GLOBAL ECONOMY 225 To reach level 15 000. I expect continuation of this bull market to 2 006 years when growth, most likely, will be slowed down, as the first "bebi-bumery" (the Americans belonging to generation of "boom of birth rate") will start to withdraw the pension investments.

If this scenario is developed according to our hopes and expectations, it will be really good news to the investors who have sustained correction of 1998 with hope that the long bull market is not ended yet, and simply translates breath. Buy and whether investors hold the actions during long term or speculate on short-term possibilities has come to accept time in relation to risk and profitableness a position of the trader. According to opponents of investments, last results are not a guarantee of the future profits. But if we also can extrapolate something from the past, so it that the market will be it, and times - uncertain.

From a hole To the personal To the computer ? And an extent of many a prize friends, acquaintances and it members of my family asked me, whether I can trade in their money the same as I trade in the. I always did not like this question as it was necessary to respond "is not present, I cannot". It not because I am selfish and I try to use the abilities only on the prl-storage to myself or I do not wish to share with anybody the market good luck. I simply could not trade for them the same as I trade for myself. I make hundreds transactions a day as my commission fee as a member of a stock exchange make all some cents. Therefore I can throw some transactions (buying and selling under the same price without any profit), losing only a minimum, and profit to receive on other transactions. In the end of day I get decent profit, sometimes very considerable. But similar it works only in that case when you are on a floor and pay commission fee as a member of a stock exchange. The investor paying full commission fee, never can hope for reception have arrived by means of it. Even if investors will have 70 percent of advantageous transactions, commission and other expenses will eat their profit. 227

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