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Ned Davis Research suggests that the public's average cost is 824 on S&P and
taking this out would cause major pain to fund investors.
Earl
-----Original Message-----
From: BrentinUtahsDixie <brente@xxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Wednesday, September 09, 1998 10:14 AM
Subject: At what % loss does panic set in?
RT's,
With the recent 20% loss in the Dow I was wondering if any group members
have a well thought out opinion about what % loss would start a real panic
sell off among stock investors? Most of those interviewed recently said
that they weren’t panicking yet.
Brent
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