Letters: Dec. 1, 1997

MARKET MADNESS

"One thing is clear, dealing in the stock market is like sitting on a powder keg. Be careful, it's giving off sparks!" OMO AHIMIE Lagos, Nigeria

I have been successfully investing in the stock market for the past 20 years without relying on the Federal Reserve Board and its various chairmen, including Alan Greenspan [BUSINESS, Nov. 10]. I don't have an M.B.A., but here's my counsel:

So keep your stock, I do advise. The longer kept, the price will rise. Buy low, keep long whene'er you can. Ignore the Fed and Al Greenspan. ISA K. MUSHAHWAR Grayslake, Ill.

The...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!