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

To: Kirk © who wrote (48927)7/9/2001 6:20:49 PM
From: michael97123  Read Replies (1) | Respond to of 70976
 
." passive means they are back to DCA into the 401K and company stock plans and
possibly more conservative funds.
Kirk,
Suze Ormond will be on cnbc shortly to discuss 401ks. She will suggest that folks sell out of a good deal of tech and balance there investments now. I maintain that especially in 401k(201k), those who use dollar cost averaging should be holding on to their tech funds, not sell now. NY Times had similar article on Page 1 this morning. What do you think? mike



To: Kirk © who wrote (48927)7/9/2001 7:07:13 PM
From: Michael Young  Respond to of 70976
 
Most "average investors" I know are hoping for Naz 3000 so they can recoup some losses.

We are still in the "battered, but hopeful" stage.

The next year or so should wash out most of that hope and bring about real despair.

MIKE


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