[Vision2020] And the Saga Continues . . . (unfortunately)

[Jay Borden]

Paul:

There are two large factors...

1)  auto selling of securities holdings that specify the portfolio must have  
a % of investments carrying a AAA rating (like tbills)

2)  investment horizon.  You and I have the luxury of time.  We can let our  
money sit.  Others on the fringe of retirement are seeing their nest eggs  
lie in ruins and are pulling out for salvage.... fearing the market wont  
recover again on their windows of time.

Jay

Sent via DROID... so ignore the typpos

-----Original message-----
From: Paul Rumelhart <godshatter at yahoo.com>
To: Tom Hansen <thansen at moscow.com>
Cc: Moscow Vision 2020 <vision2020 at moscow.com>
Sent: Mon, Aug 8, 2011 19:17:14 GMT+00:00
Subject: Re: [Vision2020] And the Saga Continues . . . (unfortunately)


I don't understand this.  Really, what's changed that affects any given  
stocks fundamentals?  If I own a stock I bought prior to last week, what has  
fundamentally changed about that stock that I should start assuming it's not  
just going to climb it's way back up to where it was as soon as the panicked  
sheep have stopped slashing their own throats?  Unless I have reason to  
believe that my stock will plummet to zero, I would think that the last  
thing I should do now would be to sell.  On the other hand, if I had the  
money I'd buy lots of good, sound stocks that have fallen in value that  
someone else has sold out of some hazy "fear of the financial situation" and  
ride them  back up to where they were in a few weeks time when this whole  
stock market hysteria blows over.

Paul

On 08/08/2011 07:58 AM, Tom Hansen wrote:
>
> The market as of 10:50 AM (New York Stock Exchange Time), today.
>
> Thank you, Tea Party!
>
> Market_1050_080811.JPG
>
> The DOW is down almost 1,200 points . . . SINCE TUESDAY!!!!!!!!!!!!!!
>
> One can hardly imagine what to expect from the 12-member super > congress  
panel in November . . .
>
> Second verse same as the first, a little bit louder, a little bit worse.
>
> Seeya round town, Moscow.
>
> Tom Hansen
>
> Moscow, Idaho
>
>
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