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To: yard_man who wrote (32756)10/31/2000 6:22:10 PM
From: pater tenebrarum  Respond to of 436258
 
i think they bought it all the way down. that's why they're idjits after all.

now, if they're lucky they get a bounce to get out...which they won't make use of.

what has only just happened is that the market has turned.

the election? since the beginning of the year i'm hearing how good election years are for stocks and we should therefore buy...it was all over the newspapers in Europe at the beginning of the year...all the 'experts' agreed...needless to say, anyone who bought on this stellar piece of advice in January has seen his portfolio meet up with a steam roller.

so far the stock market's performance lends itself to the theory that elections don't matter...why should that change now?