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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Joseph Beltran who wrote (123470)9/18/2001 6:55:33 PM
From: Joan Osland Graffius  Read Replies (1) of 436258
 
Joseph, >>decided to leave them in for good (i.e. long, long term).

I don't know what some of the young people will do, but there has to become a point in time when retired people throw in the towel. They want their investments to supplement their income or some of them depend on the paper assets to cover their cost of living. I know they are talking about their losses now, the question is when will they fold and run into safe havens. I am concerned that some will wait to long and have to sell their homes because they can not afford to cover the costs.

Joan
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