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Politics : Formerly About Applied Materials
AMAT 322.32-5.6%Jan 30 9:30 AM EST
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To: Howard Feinstein who wrote (23608)8/30/1998 5:34:00 PM
From: Katherine Derbyshire  Read Replies (5) of 70976
 
My gut feel is that tomorrow will be a pretty wild ride. A lot of people will, as I did, have spent the weekend looking at and thinking about the carnage last week inflicted on their assets. It'll be a pretty rude shock. (My net worth is down 10% since August 1, for instance.)

I've got a multi-decade horizon for most of my investments, so I can afford to sit tight. But the people due to retire in 10 years who convinced themselves that the market is just as safe as a bank, with more than double the return, will be dropping like flies.

At least that's my gut feel. Any thoughts from the TA types?

Katherine
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