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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: OX who wrote (4784)	10/9/2001 12:49:12 AM
From: James F. Hopkins	Respond to of 33421

HI OX; Long time :-) RE >>One is the typical LTBH. These people will not sell and are the ones holding the markets together. <<< You are taking about my sister, She is 63 her husband 65 ( but she manages the money ) And they won't sell until they need the money .. The thing is people like her bought "balanced" mutual funds so they never feel the pain of these sell offs. When I look at the boring stuff she has I ask my self why I wasn't that smart years an years ago. There is not any growth fund I know of that has beat her over the years. --------------------------- And when they do sell, the money won't be coming back into the market..they have other uses for it in their old age. Jim