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

To: Jorj X Mckie who wrote (8744)	10/22/2002 11:31:14 PM
From: Techplayer	Read Replies (1) \| Respond to of 57110

Jorj, We spoke about this issue a few weeks ago I believe. A person in my office recently threw in the towel on his 401k (in the 7900 range on the DOW). He is the only person that I know besides myself (done in early to mid 2001) to have exited stocks in our retirement accounts. The few relatives (on my wife's side) that are in the market are still holding on to everything, including LU, EMC etc. It makes no sense to me. At some point, people are going to give up and then it is going to be ugly when they need the cash and it is no longer there. What did you think about the rise in the market with net outflows of 4 billion? TP