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Pastimes : ASCII ART GALLERY -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Jordan who wrote (244)9/8/2001 8:17:38 AM
From: Jeff Jordan  Read Replies (1) | Respond to of 373
 
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/ __|_ _ ___ ___ _ _ ____ __ __ _ _ _ | |_ __ _| | |__
| (_ | '_/ -_) -_) ' \(_-< '_ \/ _` | ' \ | _/ _` | | / /
\___|_| \___\___|_||_/__/ .__/\__,_|_||_| \__\__,_|_|_\_ |_|

"During a financial crisis, risk aversion rises dramatically,
and deliberate trading strategies are replaced by rising
fear-induced disengagement from market activity. It is the
general human experience that when confronted with uncertainty,
whether in financial markets or in any other aspect of life,
disengagement is the normal protective reaction. In markets that
are net long, the most general case, disengagement brings falling prices...
April 14,2000

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#_/.\==/. (, \_/ \\_/
| -' |
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/`-.__.'
.-'`-.___|__
jgs / \ `.
Alan Greenspan


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