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boneprone · 09-21-2001, 10:07 AM

However, the Nasdaq was hugly over inflated, and needed a correction anyhow, and was well on track to doing this by itself with out the terrorist attack..

The terrorist attack only spead up the inevitable. That is the correction of the Over valued Nasdaq Market..

What will be hurt BAD is the airline industry and its stock..

But the Nasdaq was on its way to hitting bottom well before this attack, and this attack only spead up its process.

Now that the Nasdaq has hit bottom and then some, lets hop it starts to bounce back..

But agree, the long termers out there need not worry. In a 20 year window this is just another market wave. 10 years of a bull market, the bear has to come to play in this formula somewhere.

Most new investors are scared, cause in the past 10 years they've never seen a bear, and the bull was carrying them to the bank..

This is reality. Things happen in the market.
Hold tight, and ride it out. Its not going to bounce back overnight.

09-21-2001, 10:07 AM
boneprone Hall Of Fame Industry Role: Join Date: Jan 2001 Location: Portland Oregon USA Posts: 34,415	However, the Nasdaq was hugly over inflated, and needed a correction anyhow, and was well on track to doing this by itself with out the terrorist attack.. The terrorist attack only spead up the inevitable. That is the correction of the Over valued Nasdaq Market.. What will be hurt BAD is the airline industry and its stock.. But the Nasdaq was on its way to hitting bottom well before this attack, and this attack only spead up its process. Now that the Nasdaq has hit bottom and then some, lets hop it starts to bounce back.. But agree, the long termers out there need not worry. In a 20 year window this is just another market wave. 10 years of a bull market, the bear has to come to play in this formula somewhere. Most new investors are scared, cause in the past 10 years they've never seen a bear, and the bull was carrying them to the bank.. This is reality. Things happen in the market. Hold tight, and ride it out. Its not going to bounce back overnight.