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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: nspolar who wrote (10745)	12/1/2008 8:25:49 PM
From: Stoctrash	Respond to of 33421

<<If so I would not be surprised to see some '29 type activity ... you know, people jumping out of windows, that sort of thing. >> Don't think we're there yet. Have to drop another 30% or more for that to kick in. Talking to too many people still that are saying "oh well..I'm still young, it will come back". In fact my SIL said that to me today. (whom is still 100% invested) 98% of the public doesn't get it that "Buy and Hold" is DEAD! Black Swan, Purple Swan...no matter, they got Swan Dived!