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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: John Graybill who wrote (76866)3/8/2001 1:27:24 PM
From: Cynic 2005   of 436258
 
Good points. I am trying to buy some life insurance. The other day I was at a financial planner to get some quotes. He was advising all his clients to stay the course - even though it is hurting them (including him) they do not want to sell in to a declining market. I asked him why he didn't sell in to a rising market. He admitted to 'gambling' instincts that prevented him from doing so.

While the coverage on one year anniversary of bubble peak (CNBS, WSJ and Market Place, marketplace.org) is troubling, I don't think that the decline is over yet.
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