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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (32833)10/17/1999 3:22:00 PM
From: MrGreenJeans  Read Replies (1) | Respond to of 70976
 
Brian

I just wanted to elaborate on a point many will ignore:

So everyone should sell all of their stocks AFTER the Dow has been shaken for 1300 points?

Human nature is such that people will sell equities in mass after a substantial fall in the markets-pick your number. Your point is a good one. The time to evaluate your position in the markets is when markets have reached all time highs and ascertaining whether or not a market inflection point has been reached. The time to sell is at market tops not at market bottoms. It is a hard call to make and few make that call. This separates the successful from the unsuccessful.

Good point.