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Pastimes : Home on the range where the buffalo roam

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To: stockman_scott who wrote (9544)10/26/2002 4:23:30 PM
From: Sig  Read Replies (1) of 13815
 
Re the fund fueled rally:
Yes, I often ponder the fate of the lady (Edwards) broker who told me she "Handled the investments for all of her relatives "- in 1999.
Does her Aunt Mable ever say to her husband - "Remember, it YOUR relative who recommended buying that ^&*^% JDSU at $123/sh"?
And what action will she take to regain her lost reputation? It cant be bonds forever.At some time it will be a return to equities, or miss the only way to make gains or achieve new grounds.
And if all brokers play the same odds, they will be aiming for a 'standard' fall rally .
No need to envy a broker, its tough enough dealing with one's own investments.
Sig
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