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To: TheStockFairy who wrote (118410)8/27/2001 3:03:31 PM
From: LLCF  Read Replies (3) | Respond to of 436258
 
<I'm betting there are more rich people in this country now than there ever has been on a percentage basis. I'm pretty sure that not everyone went down the tubes over the last few years.>

Yea, all the smart people that bailed out didn't go down the tubes [many hands on CFZ go up]... doesn't mean they're going to rush back into the market. I'm looking at it that I was the beneficiary of a once in god knows how long mania, that luckily for me means financial independance no matter where I put my money. Think I'm going to buy the S&P at these values??? NOT! If equities never get cheaper I don't give a crap, and I bet there are lots of others around thinking exactly the same way.... yea, should I invest this money or upgrade my lifestyle and my kids lifestyle for as long as we're all likely to live??? Hmmm, no brainer.

DAK