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Politics : High Tolerance Plasticity

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To: kodiak_bull who wrote (15264)7/19/2002 3:44:10 PM
From: chowder  Read Replies (2) of 23153
 
>>> That's true, and of course the trend/black line wasn't as strong as September 01 and now, <<<

That's the point of the ADX. It's strength is supposed to clearly define a trend. No clearly defined trend, no investment, short or long.

The 401K investor is in the process of throwing in the cards. I've had at least a dozen people I know tell me they're going to cash in their 401K. It's difficult trying to explain to someone 10-20 years away from retirement that this may not be in their best interest. They didn't mind giving up some profit, but they're frightened to death about losing principle. (Their words, not mine.)

dabum
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