10% will be chicken feed compared to what may happen. Think how much money has been made. Look at yourself....a relatively small investor, probably under $100k. Then myself, a medium range with over $100k, but under $1,000,000. Then Voltaire or others, at over $1,000,000. Each and every one of us has made a phenemonal amount. If you own AOL as a core investement, you have blown away the fund managers, markets and etc.....How much of this profit will be pulled just to be safe ? I think we will all be fine, as long as we are not bitten by the margin bug. If the market dies tank, I would not be surprised to see 50% get knocked off certain stocks...maybe 25% for the market as a whole. As soon as people realize Y2K aint much to worry about, and see AOL at a discount, the money will flow back in so quick, you'll miss it if you blink. This is JMHO, of course....I am going to try and stay off margin and have some " buyin " capital, just in case.
Good Luck |
