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IDS World Markets Mon 6th October 08


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Doing some afternoon reading.

 

As of last Friday - "The Nasdaq has now lost 50% of the gains it had previously made in the 2000-2007 bull market"

 

and

 

"It's surprising that, as fearful as Main Street and Wall Street are, individual investors are not yet at the extreme level of fear and bearishness usually seen at correction bottoms." Sy Harding http://www.streetsmartreport.com/comm4.html

 

The individual investor mentality right now might be "you only have a paper loss until you actually sell."

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