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To: Dale Baker who wrote (30498)7/11/2002 11:35:02 AM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
I sit here watching quality stocks with good earnings and confirmed growth outlooks sell off, and I wonder what Joe Blow thinks he will accomplish dumping his stocks with the Naz at 1334 AFTER it already dropped 621 flippin' points since January's opening price.

FWIW, I think this selling is the last step in the panic capitulation that Wall Street wants before the funds step in and start to buy again. And the little guy, who though he would protect himself from the last 10% drop, will pay up 10-20% higher to get back in when it's "safe".

What a con job on the average poor slob trying to make a buck.