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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: limtex who wrote (84851)6/25/2002 10:37:21 AM
From: vampire  Respond to of 99280
 
Huh?

They feel "fear" cause they are on a fixed income and interest rates have come down

what the heck does that have to do with bin laden?

no need to answer..i know it



To: limtex who wrote (84851)6/25/2002 10:59:23 AM
From: furrfu  Respond to of 99280
 
Who is supposed to feel this "fear"? It is the elderly among other Americans and I just don't like to see that word used in this context. It is wrong.

It is not wrong. It may be sad, it may be heartbreaking, it may be very personal. But it isn't wrong. The elderly need to feel fear to the extent that they are participants in a very troubled economic market. Would you prefer the fear was felt by someone younger, more able-bodied? Not that it matters, no one on this thread or anywhere else can do jack about it.

If (we'll treat it as a hypothetical here) the bottom is not yet in, then certain things need occur before the market can resume it's healthy upward course. One of those things is the fear, and possible economic decimation, of some of the participants. I don't want it to be my mother, or your aunt, or someone else's elderly father. But someone is going to get flattened by the steamroller, and the odds of you not knowing one of them are slim.

(Actually, many of them are already flattened, they just haven't expended the emotion necessary to accept it.)

If the bottom is in, then we can scream "fear" all we want, and it won't make any difference.

Doug