[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[RT] Re: Will Boomers Panic Out Of Equities..?



PureBytes Links

Trading Reference Links



Proffittak@xxxxxxx wrote:

> In a message dated 1/11/00 9:31:05 PM Eastern Standard Time,
> OnWingsOfEagles@xxxxxxxxxxxxx writes:
>
> << Seems to me these sharp narrow "small time" 10%-20% "corrections" would get
>  more prevalent, as opposed to any sustained bear market - since the system
>  gets too expensive for anything more to happen, and the world leans on the
>  wrong side too much, and we over-correct in the opposite direction, swiftly.
>
>  Opinions, Doctor?
>
>  Gitanshu
>   >>
> Good Morning
> when  i was managing billions for a major insurance CO  in 1987  i was
> Very  tense  and worried about redemption  of thousands of clients the day
> after the crash
> However to my surprise  most people  are too busy with their life and only
> got hi volume of calls when the got their   10/31/87 statements
> the redemption was  VERY  small.  as the  customer service people  were
> telling
> customers that they have to stay the  course  for the LONG  hole
> happy trading
> Ben

    ".....the LONG hole"?  Funny!  That a Freudian slip?

Cheers,

Norman