Zeev's Turnips Patch-No Politics (ZEEV)

[sarai]

tonysolomon, I have a few remaining long positions, total crapola. I looked at them today for the purpose of tax selling. Had it not been for a couple of short funds, the situation would be nauseating!

Losses sustained by individual investors are staggering. This time around I think capitulation will be a slow process and a factor of disgust. But we will get to a point where the markets are once again "investable". At that point, I'll probably go for some Dogs of the Dow theory or other tried and proven method of investment. No more kinky stuff!

Think of all the kids headed for college now. Their parent prepared by investing aggressively, for the longterm. Sad! I capitulated on those accts in May, 2000 and thought I got a bad deal. By broker actually told me "now is the time to buy...when blood is flowing". And the blood is a heck of thicker now than it was in May, 2000...

Think of all the hard working folks facing retirement too. We'd be foolish to believe there aren't longterm economic effects of a burst bubble. Sad!

Good luck! :)