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

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To: KeepItSimple who wrote (74415)3/2/2001 8:09:30 AM
From: Michael Watkins  Read Replies (2) of 436258
 
Seems like the 'man on the street' interviews in both US and Canada have a lot of people - almost everyone - still humming the 'I'm in it for the long term' / 'not really concerned, things bounce back' lines.

What would be interesting to know is percentage of funds in the market from

- buy and holders that are not individual speculators i.e. their funds are managed 'professionally' for the most part by the industry

- individual speculators - the educated or faux educated (self or otherwise) individual managing their own affairs. Some are just bad individual speculators.

It seems to me that most of these 'man in the street' interviews are with the former group and not the latter; either that or there are very few concerned bulls and very few bears and intelligent speculators that have been on the right side of this trend.

Or, the media always cut out the interviews with people that say "Look out below, I see Zero, Ho Ho HO" lol
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