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Strategies & Market Trends : Russian Crisis - Is it a buying opportunity?

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To: Josef Svejk who wrote (70)8/31/1998 12:52:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 175
 
UGLY...

quote.yahoo.com

Can we please let this be the last day? I'm not about to go into cash now. As far as TAVA goes I'm not at all certain how low TAVA will go but I certainly agree that all support is gone now and the same is true for many stocks.

It's been a few years ago when we had a scare over in Russia that made it sound as though a military faction would be taking over. Such a take over would have increased the risk of a nuclear melt down. I sold my stocks that day and have regretted it ever since. I know you are already in mainly cash but what about those of us heavily invested still? It's hard to justify unloading stocks when there are so few buyers.

After all tomorrow is another day.

Regards, Jeff
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