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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: peter michaelson who wrote (4917)8/31/1998 8:51:00 PM
From: Paul Senior  Respond to of 78594
 
Peter M. I defer to your memory or reference materials. It took 3 days I believe for the total capitulation. So, based on Stewart Whitman's scary post above (and you did get me scared Stew-- I'm already scarred), anybody with any sense (or cents), will or should just step aside and let the market find its own level. And based on what you say Peter, I wouldn't be surprised to see a 1000-point, one-day drop.
For me, I'll probably be buying... pharmaceuticals I'm thinking now-- I know I'll need 'em and I'm still grumbling over having to give up my fortune builder Lilly (LLY) at Oct. '87 low. Paul S.