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To: Gary M. Reed who wrote (49455)12/19/2000 10:51:31 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
I agree -- still in denial -- I never would have thought the COMP could come down 50% and they'd still be in denial. I think it only indicates that we must overshoot the long term averages for valuations on the downside ...

Looking forward to buying when everyone I know says I'm a fool for doing so ... probably be years from now, but I'm sure it is going to happen.



To: Gary M. Reed who wrote (49455)12/20/2000 7:59:33 AM
From: Terry Whitman  Read Replies (1) | Respond to of 436258
 
You have friends that are brokers. Ewwwwwww. <g>

If those guys are still in the shock & denial phase, they haven't been losing for long enough. They must all be in the one tech stock that hasn't fully tanked yet.

I gave up trying to convince anyone to get out of the market last winter- when I couldn't even convince my own mother to get out of the risky tech funds she was in. The pull of the bull was too strong.