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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: craig crawford who wrote (14273)	10/2/1998 8:08:00 AM
From: Sword	Respond to of 18691

>>All these financial shows make this 20% drop out to be some big deal like it's the end of the world. Twenty percent is chump change. A nasty bear market will last a couple years and have declines of 50% or more, with individual stocks down 80-90%.<< Exactly what I've been trying to tell my coworkers beginning a few months ago, to no avail. They will eventually withdraw what is left of their equity. Guess when that will be. If I was a real turd, I'd call the wives of these guys that will be retiring in the next 12 months who are still 100% invested in "growth" funds and tell them how their idiotic husbands are risking their retirement funds in a stupid gamble. -Sword

To: craig crawford who wrote (14273)	10/2/1998 8:16:00 AM
From: Franco Battista	Respond to of 18691

What really ticks me off is the arrogance of these analysts. When other countries are in deep recession and poor people are hurting, no problem since the US is ok. This will pass over. When the US is down two days in a row and their investments lose some value- Quick! do something!this is a crisis! These people have been apologists for the tulip bull run we have experienced this year and are still telling small investors to remain in the market. They refuse to look reality face on and make up lame sophisms to explain what is going on.(Makes you think of someone else who has been in the news lately- but then a leader reflects the people who chose him).