Investing during a Bear Market Message Board

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Strategies & Market Trends : Investing during a Bear Market

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To: Richard Estes who wrote (200)	11/14/1997 1:07:00 PM
From: Tommaso	Read Replies (1) of 226

The advice I gave was for Addi, given what seemed to be his situation and his view of the market. It's hard to tell a confirmed bull to sell everything. I told a good friend quite firmly to sell his Intel at 100 and all I got was a patronizing laugh for my good intentions. As I admitted, I agree with you: he should sell everything now at a higher price rather than sitting on possible losers. His wife is correct. But he sounded so hostile to the concept of a market decline that it didn't seem useful to try to change his mind now. Did you notice that he accused me of being one of the people who are CAUSING "these idiotic declines." If I could do that I could really get rich. Lots of convinced bulls turn into convinced bears just at the wrong time, as I need not say.

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