SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: benwood who wrote (123421)9/18/2001 5:17:15 PM
From: Joan Osland Graffius  Respond to of 436258
 
Ben, >>I suspect that some of them will capitulate on the same day that I turn bullish again.

I suspect that some will not have much to sell. Look at the 30's stocks and nifity 50 stocks ... how many companies still exist.

Joan



To: benwood who wrote (123421)9/18/2001 5:17:20 PM
From: yard_man  Read Replies (2) | Respond to of 436258
 
yeah, and if they are not going to sell: why do they keep asking, "Do you think I really oughta sell now?"

What's so hard to understand about, "Hell, yes!!" <vbg>

Seriously, on the other side I lost a little bit of money and was too stubborn about it, too. But I wasn't that stubborn! At least I bought the occasional beat-up tech stock - why can't they at least hedge a bit -- short some bloated stock or buy just a little bit o gold shares?



To: benwood who wrote (123421)9/18/2001 5:47:58 PM
From: BigMoney  Read Replies (1) | Respond to of 436258
 
most of my family is very much the same way.

the idea of taking the losses too painful to them, after all this waiting. so they continue to wait for a miracle. becasue they dont know what else to do.

i have an uncle whose account i offered to manage back in december 2000. at the time he said he would stick it out. by the time the first low in april came around he called me and asked me to take over. i told him to sell everything and transfer the account to another brokerage where i could manage it. he didnt like the idea of taking the losses at the time so he opened a new account with cash and continued to manage the stocks he already owned. about two weeks ago he transferred the rest of his investment funds to the account i manage. luckily for him and my two sisters, i kept their accounts all cash.