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

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To: lifeisgood who wrote (36419)11/11/2000 1:23:18 PM
From: patron_anejo_por_favor  Read Replies (1) of 436258
 
<<I could ride out a drop in the NAZ to 1000 if I had to and wouldn't blink an eye>>

Yes, but would you ride out a drop to 500? 200? 100? 50?

The point is everyone has a different pain threshold and risk tolerance, depending on when they might actually need to spend their "savings". A 35 yo will be able to stand (all other things being equal) MUCH more pain than a 55 yo, who may actually be planning on retiring or paying for a kids college education, etc.

Redemptions will happen if the 'dung falls further or doesn't rise by the end of the year. The "smart money" in funds will leave before the cap gains distributions occur in mid-November to mid-December, IMO.
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