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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Katherine Derbyshire who wrote (44277)	3/21/2001 10:33:57 PM
From: 16yearcycle	Read Replies (3) \| Respond to of 70976

"I'd like to see NASDAQ volume drop off a bit more, which would be a sign that people are getting disgusted and giving up. And I'd like to see the news magazines ignoring the market as irrelevant rather than talking about how bad it is.{" Hi K, Careful what you wish for...that sense of "giving up" took about 5 or more years from the 74 bottom. There was a huge recovery in 1975; about 100% on the dow. Everyone caved in years later when the trading range was stuck between 950 and 680. Why then? Well ask yourself, who can deal with that in the market? Only a pro. Everyone will give up when they realize that they have no reasonable way to make a good return in the market without their whole life being devoted to it. Trust me: we don't want a broad sense of giving up.