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To: Lucretius who wrote (25676)10/8/2000 12:05:10 PM
From: Oblomov  Read Replies (2) | Respond to of 436258
 
FWIW my favorite (off-line) contrary indicator was moaning to me this last Friday about his losses in JDSU, VERT, CAMP, CNXT, and NOPT. However, he told me that he "can't sell now", and that he is "stuck" because these stocks have dropped too far. No matter how I try to reason with him, he insists that he is a LT B&H investor... anecdotally, I'd agree that there is no fear out there.

BTW, his latest investment interest (the stock market no longer satisfying his speculative urges) is in buying real estate for flipping. I wouldn't be surprised to see some tough love come to the real estate market soon.