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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (96556)	7/6/2002 3:02:40 PM
From: Joan Osland Graffius	Respond to of 132070

Tommaso, Thanks for the site. Interesting to say the least. Their is a large amount of capital in pension funds where people can select investment options. I have to believe that one of these days these folks that have been keeping their capital in equity funds will give up and move their funds to safer investments to preserve capital. Most of my retired friends that hung in there with equities have decided during this last sell off to liquidate and buy FDIC insured CD's - the mattress syndrome. One person communicated she was sick of the crooks on Wall Street and people running corporations using her as a bag holder. <g> Her plan is to sell during the next bear market rally. Joan