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

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To: AllansAlias who wrote (36398)11/11/2000 12:12:08 PM
From: lifeisgood  Read Replies (3) of 436258
 
we are just above levels where we would see massive withdrawals from the casino.


I don't think that's going to happen. People have been predicting "massive withdrawals" from the day the NAZ started its slide from 5000. It hasn't happened yet and won't happen. I believe that one effect that recent years of high volatility have had on investors is to desensitize them to volatility.

I am currently playing what I believe will be a bear market rally and am net long. I could ride out a drop in the NAZ to 1000 if I had to and wouldn't blink an eye.

best...

LIG
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