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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sal D who wrote (5050)	5/22/1998 10:05:00 PM
From: MKTBUZZ	of 29382

I think it's absolutely fantastic people are playing Missle Command with their accounts. There's one book which comes to mind called "Manias, Panics, and Crashes" by Charles Kindleberger. Everything happening today has happened before, people don't change, the circumstances do. And another book called "Extraordinary Popular Delusions and the Madness of Crowds and also Confusion de Confusiones" by Mackay and also De La Vega, which describes everything on a "people" level happening centuries ago through today. Today people are doing the same thing but faster and more of it. The opportunity to profit is unfreekingbelievable. And I don't even think we've seen what the explosion upwards this market will do, but in the years to come I'll be ready to profit going down. I think it's great so many people are churning - playing Missle Command with their accounts (I feel sorry for them) but hey, I'll take advantage of the situation. My two cents. :-)

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