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Strategies & Market Trends : Galapagos Islands

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To: Lizzie Tudor who wrote (16545)12/13/2002 3:29:21 PM
From: MulhollandDrive  Read Replies (1) of 57110
 
>>its a myth imo that investors who got burned will stay out for good, I think they come back. And the naz has a lot less supply so that means swings both ways... lots of money on sidelines<<

lizzie...

you may be right about this, but a friend of mine who has been a broker over 30 years told me not too long ago the problem he sees is that too many burned investors are still "holding" and yet refusing to recommit new cash.

he thinks there is a good chance those investors will never re-enter the market again.

and most of them he's talked to in that condition are the baby boomers...not a good sign.
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