Comstock Partners, Inc.February 10, 2003
Comments from Australia
A friend of mine recently passed on to me your website address (last week)and ever since I've been hooked.
I was on the verge of investing a great deal of money in the US market via a mutual fund here in Australia thinking the market had dropped more than enough, but now I can see that would have been a big mistake. It was interesting to read about your 3 phases of a bear market and how the 3rd phase had not even begun yet. I think I will keep my powder dry a bit longer.
Thank you for such a raw and honest evaluation of your economy, I'm sure it has saved me many thousands of dollars not to mention sleepless nights.
Reading your daily comments is the first thing I do when I get to work in the morning, I can hardly wait to turn the computer on. Keep up the great work guys.
All the best.