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Strategies & Market Trends : Investing during a Bear Market
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To: uu who wrote (171)11/14/1997 11:58:00 AM
From: Stingray   of 226
 
I'm not sure why the sell off was any more idiotic than the exhuberance that led to the market getting so high in the first place. Those who suffered the margin calls were clearly surprised by the decline but they should not have been because stocks can go down just as quickly as they go up and more so. I feel sorry for them also even though their wounds were self inflicted by going for what seemed like easy money. I worry more about what will happen to the smaller investors who have only started buying mutual funds in the last year or two and are not prepared for a bear market.
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