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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Susan Saline who wrote (29855)3/12/2001 10:27:03 AM
From: E.J. Neitz Jr  Read Replies (2) of 53068
 
Sue, what you described is what you see in the final bottom.
Thank-you for your observation. I am even more sure of my suspicion. As far as all those that are blown to the wind--I feel for them. I lost a lot of $ back in 1983-84 when call options in tech stocks were the rage, so I paid my dues. But I and others did adjust and come back. The thing about the market is that there is always another marginal $ to go into the market--not from those that are out of the game, but new "investors". If you were a little bird flying around a brokerage office, I bet you would hear all the brokers saying they need "new blood", new money etc. And guess what, it is there and will come back to the market--always has and will happen again. The stark reality is the $ are not "fun tickets", it represents cash that at one point was "hard earned" money--even if a gift, inherited--someone in the past worked for it. Sorry, I don't mean to be mean or "teach a lesson", its just the way the financial markets function.
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