View Single Post
  #33  
Old 02-26-2009, 05:18 AM
Archive Archive is offline
Administrator
 
Join Date: Mar 2009
Posts: 58,359
Default cards, not stocks

Posted By: Scott Fandango

you said "

The value of your stocks will be restored in a year or two.
(Regardless of what a certain collection of people with a single name may think.)

You haven't lost a thing unless you panic and sell."


dont agree at all....they said that in 2001 after the nasdaq crash...."it will be back in a few years"

not even close..it may never return to previoulsy seen levels....

remember, so much wealth was lost, poeople donthave a lot of money "on the sidelines" to bring back these stocks...and certainly their wont be enough new money to drive the prices back.....

we have seen a change in the head winds...stocks may be out of favor for MANY MANY YEARS

Reply With Quote