Def,
I am only a novice and a lousy novice at that...-g-
My feeling is just that pensions and long term investors will remain in the market...long termers will stay long term,,,,maybe a painful point will be reached and they will capitulate,,,but from the look of the market,,we've had a stealth bear for a while...many stocks are already way down,,,now,,,we just need a capitulation from the big boys and i think we're getting that....
many long termers i know are already unhappy--look at LU, DELL, CPQ, DIS, XRX, KO, etc...the list is almost endless.....they've ridden it down and will probably wallow in those stocks for as long as necessary,,,I suppose one of these days,,,they may say,,,,f*ck it,,,but I doubt it.
yes, we're in a bear market,,,and we'll be here for a bit,,,how long? who knows...
short term, we're basically saying the same thing,,,market is going down,,,,but it'll be a drip, drip, drip, drip, drip, drip, drip, drip, drip,
drip
drip
drip
drip
is that the torture you're talking about? -g- |
