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Non-Tech : The Critical Investing Workshop

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To: Eski who wrote (12788)4/13/2000 4:04:00 PM
From: stockman_scott  Read Replies (1) of 35685
 
<<not knowing psychology of the market and the houses!>>

IMO, the Houses clearly added to fuel to the fire when the sell-off got underway...They could help stabilize things...Believe it or not a lot of individual investors and Fund Managers pay attention to them....They have NOT aggressively stepped up to the plate to help shore up the markets....Things may get away from them....The 'Old Economy' firms are clients too...They want to support them when they can....Yet, the tech sector and the internut IPOs have been a real gold mine for the Big houses (like Goldman, MSDW and Merrill)...It's in their best interest to not let fear run loose in the investing community....FEAR is false education appearing real...

I will remain fully invested...Yet, I have taken quite a hit....We are riding through a storm and its not going to pass as soon as I had hoped....If we are fortunate, we'll see things stabilize in the next week...

Best Regards,

Scott
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