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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: tekgk who wrote (11991)	12/20/1997 9:16:00 PM
From: Cynic 2005	Read Replies (1) \| Respond to of 18056

<<They are mostly kids with an average age of 28 - I wouldn't call them savvy. None of them have seen a real bear. The only thing that they have experienced was 87, which was a minor correction in one of the greatest bull markets in history. >> tek, actually for the 28 year-old to have experienced the 87 crash will be quite an experience. Unfortunately, most of the fund-dumbs didn't even have that much exposure to a bear. The biggest bear they ever faced was the 94 stealth bear, followed by about 6 weeks long bear in March-April 97 - a 10% drop in 6 weeks. The second biggest bear they ave experienced was a 13% drop in late October. See, they do have some experience. -g- Thanks for the nice post with links. -Mohan