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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: LLCF who wrote (181265)7/19/2002 4:41:16 AM
From: Bocor  Read Replies (1) of 436258
 
>>we'll does anyone NOT expect a crash soon??? >>

I for one do not expect a crash. I have expected for some time a multi-phased implosion, first the true POS will be vaporized, crushing the gluttonous dreams of those who would speculate of easy riches on the backs of other greater fools who come after them. We are almost there.
Phase two will consist of the slower, more torturous grinding down of the "safe haven" companies with "real earnings"...ooops, lets not look to closely though lest we find the emperor has no clothes, and a select few are walking away with whatever value has been created. This process, interrupted on occasion by the ever watchful PPT, shall only end when the blue collar and slightly discolored while collar man and woman who have been blindly led down the path of buy and hold yourself to riches rises up in a last gasp cry of WHY?
Where does that phase end? No idea yet, but likely several hundred more S&P points.

>>We should have a list of stuff to buy for the bounce.>>

Yes, as soon as people stop making lists for the bounce ~
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