i am wondering if the anti-wealth effect of dow 7100 or 6000 or 5000 or some low point is going to dramtically change how the remaning pool of investors think. people at all levels are going to start to feel poorer. the expectation that at some point some hidden legion of investors will come in and scoop up everything may be misplaced. i now see waiting for the bottom as the only way to go here — wait for things to flatten out — just like this thing went way higher than most thought possible, im starting to feel this may go way lower than anyone could expect …and if it takes 5 years to get there, so be it, if you’re planning to stay there the remainder of your life, it’s not a big deal, and if yoouwer eonly gonna be there for 5-7 years, well, you’d a been chasing it down the whole time you “owned’ itanyway. i don’t think youc an lose waiting now, i think it’s justa moneymaker.
