
The Stock Doc: No Guts, No Glory!

By Alden Cass
About this article:
Investors around the globe are living through unprecedented times, filled with the kind of fear, apprehension and uncertainty that hasn't existed since the Great Depression. We have seen what excess and indulgence can do to create the illusion of wealth, security and certainty. And we have watched precious 401(k) plans and portfolios plummet from lofty heights to ever-deeper lows, dragging with them our trust and faith in our corporations and banks. Investors could be forgiven, in recent months, for believing the apocalypse was upon us, that they were staring into the abyss.
This financial crisis -- which many experienced as an emotional trauma -- paralyzed many investors with fear and left them feeling powerless and hopeless about their once bright financial future. The superficial healing of our "sick" markets in recent months with the help of governmental stimulus packages -- a form of fiscal Prozac, if you...

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