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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Augustus Gloop who wrote (26108)4/4/2000 3:13:00 PM
From: Jorj X Mckie  Read Replies (3) | Respond to of 63513
 
Gloop,
We park our cars in the same garage.

I don't believe that this is a bear, I think that it is healthy corrective action.

Unless we keep going down and then we all know who's fault that is....



To: Augustus Gloop who wrote (26108)4/4/2000 3:21:00 PM
From: MulhollandDrive  Read Replies (2) | Respond to of 63513
 
AG,

I'm not sure I agree with that. I think a lot of it depends on the severity of the selloff. A lot of stocks have been cut in half within 2 weeks or LESS. I think that those issues could take months and months to reach their old highs(if ever). I don't think we should underestimate the psychological damage that has been done to the individual investor. The sting of having 6 months worth of gains decimated in days will have a lasting effect, imo. Sincerely hope that I am wrong!

bp