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To: Dale Baker who wrote (58154)	1/23/2008 10:25:20 AM
From: Lynn	Read Replies (2) \| Respond to of 118717

The one thing I have not read or heard about is the market also responding to people getting margin calls. During the Internet bubble bust, this was a problem because quite a few people borrowed heavily to buy stocks they _knew_ would continue to go up, up up--then went splat. I am 100% a long term investor type. In this current climate, I am feeling personal pressure to do something I do not normally do: consider selling stocks, or partial positions in stocks, I have held less than one year. For a few of them, I am literally a mere few weeks from having short term become long term (for tax purposes) holdings. As one of those people with a house on the market, I sure hope things improve sooner rather than later. What I had planned doing was buy another house (different state) when I found exactly what I want, even if this house did not have a buyer, and use it as a vacation home until a buyer comes along. Proceeds from my house would then be invested in the stock market. With the current stock market? I'm going to sit on the cash allocated for the new house and wait until this one has a buyer before I buy another one. Lynn