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To: Real Man who wrote (124631)9/21/2001 11:51:30 AM
From: Joseph Beltran  Read Replies (1) | Respond to of 436258
 
I hope for everyone's sake that doesn't happen. We have a generation of people bordering on retirement. their retirement money is in the market almost exlusively. do we want a generation of insolvent retirees to take care of? Be careful what you wish for.



To: Real Man who wrote (124631)9/21/2001 1:48:28 PM
From: pater tenebrarum  Respond to of 436258
 
well, that would be quite a wake-up call. but note that a 70% decline in the NAZ was basically ignored as a temporary anomaly. the bull market psychology remains largely unscathed, and that is rather scary.



To: Real Man who wrote (124631)9/21/2001 1:58:21 PM
From: yard_man  Respond to of 436258
 
The Fed himself? Freudian slip perhaps ... but oh so true methinks.


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