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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (1922)9/20/2002 1:29:51 AM
From: Techplayer  Read Replies (3) | Respond to of 57110
 
Jorj,

Or you are at peace with your gains....<g>
Despite the growing masses calling for a significant decline from here, there are more people just sitting on their 401ks and long term holds as if it is a guarantee that the money will reappear. For instance, I am the only one out of 15 people in my office that moved 401k investments and contributions out of US equities within the last 18 months. One of my guys has EMC at 28 while a peer has 5 digit shares of LU and has held them for over 3.5 years! (you read that right...)

My guess is that at some point these people will throw in the towel and then perhaps we will all be right.

TP



To: Jorj X Mckie who wrote (1922)9/20/2002 11:30:26 AM
From: HairBall  Read Replies (1) | Respond to of 57110
 
JXM: If someone is convinced that they have the key to the market, they are going to be pretty pissed off when somebody changes the locks

Yep, SI has a new "Porch" and a new V...(actual names have been changed to protect the innocent.)...gg

Regards,
LG


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