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The day after 10/19/87 i was driving by fidelity
office
the line was out the door
everyone was putting money into the
market
today
34% of investors has pulled out of the
market
redemption at funds are growing
accelerating the decline
there is no safety in the buy for the long
run
if you left your money in funds in 1929 it took you
until 1952 to break even
i hope at least some of you were paying attention
to my holding in my IRA
it was QID
tomorrow will be selling some for a
double
in hope to get it at lower prices in a few
days/week
Ben
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