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To: fedhead who wrote (126052)	9/27/2001 7:00:23 PM
From: Skeeter Bug	Respond to of 436258

the brokerages are selling, selling selling right now... stay the course... think long term... stay with your plan... it will work until it doesn't... then we hit bottom and may stay near there for many years. the old go go rules don't apply anymore...

To: fedhead who wrote (126052)	9/27/2001 8:13:08 PM
From: pater tenebrarum	Respond to of 436258

funny enough, it hasn't really. i use the diversification of assets within the Rydex bull and sector funds as a microcosm for the market as a whole, and in those funds, a full 71% of assets remains in tech. for comparison, at the '98 low, when the time to buy tech was excellent, only 20% of Rydex bull assets were in tech. my sense of this is that most people stuck in tech STILL think "it's too late to sell anyway, so i might as well sit it out and wait for the rebound". when a temporary rebound comes however, instead of selling out, they appear to hope for more, as the Rydex percentage in tech never much veers from that 70% mark, at least not below it. it's a bit better than the 90% at the height of the bubble, but it shows that the liquidation process in the sector can't be complete.