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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (159369)	10/23/2008 12:25:37 PM
From: Smiling Bob	Read Replies (1) \| Respond to of 306849

At times of capitulation, in contrast, investors don't even bother to open the business section at all. From the perspective of this illustration as well, capitulation is yet to occur: Far from being ignored, business news is now splashed all over the front pages of newspapers' lead sections. ---- We won't be seeing anything like this There's too much at stake. Too many retirees have no choice but to hold on. And more than ever, J6P gets his regular dose of reassurance that you must not only hold, but add during downturns as stocks get the best returns over the long run. Mr Buffet, AKA The Sage, is the current spokesperson. Meanwhile, I'm getting killed again holding long. But still expect a strong close- 8529 now - looking for a push towards 9k by eod

To: Jim McMannis who wrote (159369)	10/23/2008 9:19:37 PM
From: marcher	Respond to of 306849

"...when that low does finally occur, we'll see be witnessing, and experiencing ourselves, a lot more of the psychological traits associated with capitulation: Exhaustion, disgust, lack of interest, even apathy..." jim, thanks for posting that piece. today's radio news reporter was literally laughing in amusement at market volatility. though i understand the sentiment (disbelief, better to laugh than cry), this "psychology" seems more like the thrill of a falling corkscrewed rollercoaster than those capitalization traits.