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To: David Howe who wrote (38649)	5/9/2002 5:58:48 PM
From: lisalisalisa	Respond to of 209892

What you say is probably true, it is based on conditioning. It is also probably why my grand father won't touch stocks<g> <<<<IMO, they are correct. Buying today might not pay off over the next 6 months, but it probably will over the next 5, 10, 20, 50 years>>>>>> I don't know. I think this may turn out to be one of those once in a lifetime events. Already has for the NASDAQ. So I think buying now may not pay off in 5 to 10 years, but perhaps 20 and hopefully 50... Perhaps I am being too conditioned by my own experiences however. Although I use to be a raging bull..I guess we will see….

To: David Howe who wrote (38649)	5/9/2002 10:55:31 PM
From: Robin Plunder	Respond to of 209892

Ya, Dave....my dad got hammered in '73 as well..one would think he would duck this time. He wants to believe that everything is OK, and he does not want to think about or be concerned about crashes and recessions. He thinks every rally is the return of the bull (not really, he does not even think the bull left...), he thinks every decline from a rally is a double bottom in process of forming, or if it makes a new low, then it must be an inverted head and shoulders in process of forming. He thinks I am hallucinating when I show him a head and shoulders on AMAT or QLGC, or descending triangles on most other techs. He is fairly diversified with small caps and regional banks, so maybe he is OK. Most of his qcom got called away, fortunately. He is reassured by Jack Welch and Larry Kudlow on TV (and Louis Rukeyser. He saw Bill Gross on Lou's show, and I asked him what he said, 'oh, nothing important, he is just a bond guy' <rofl>.) Maybe I will sell some GE short in my account for him, to balance his long...:) Robin

To: David Howe who wrote (38649)	5/9/2002 11:13:14 PM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

David, It would depend on when one's Dad were born. Clearly, any Dad who came into manhood in the 40's or later would think that any pullback is worth buying. This does not make it true for us. Today, we do not have the luxury of trading in a huge 70 year impulsive up move. They are rare.