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

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To: LLCF who wrote (25565)	10/6/2000 10:35:11 PM
From: yard_man	Read Replies (2) of 436258

>>Wake up. Besides the whole demographic argument is simply a "modified greater fool theory"... ie. buy now because others will take the market up... this has been the argument at every top in history.<< Exaaaaaactly!! Only idiots don't buy stocks at these levels cause when everyone gets in it is going higher all that retirement money has to go into stocks, doesn't it? What do you expect? They preach that crap 24 hours a day on the TV -- has to be true doesn't it? (Don't own one but still can't escape it -- they are in the airport, in the hotel, in the gymn, in the restaraunt -- a few months ago I was in McD's and the television was tuned to the financial channel. This mentality has "infected" everything -- if you are smart you don't have to work to develop anything -- trade, hedge, leverage, manage risk -- how many times do you hear these words being used in all sorts of different contexts? We are at the crest ... of something. It will be interesting to see what comes out of the aftermath ...

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