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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: Poet who wrote (34862)	3/19/2001 9:24:51 AM
From: jambo-bwana	Read Replies (1) \| Respond to of 35685

Hi Poet, Thanks for that link - it enunciates some of the human dynamics very well. Interesting that the article used the word "comeuppance" - the same word that I did - that caused all that rancor recently with a couple of people. I know of a couple of people who have been devastated by this decline; it has been a traumatic experience for them. One had "retired" from INTC about a year ago and cashed out a part of his holdings but retained most of it. He is now looking to return to the work-force if the market does not recover in short order. I once read somewhere that when a bear market commences it is almost akin to a divorce or a bereavement in terms of how investors react to it. There are a whole lot of emotions that an individual goes through: disbelief, anger, fear, despondency and finally resignation. I think that we are in the fear/despondency stage at this point. For someone investing at this point in a judicious manner, I think that the opportunities are phenomenal if one looks at it in the context of a window of 3-5 years.