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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: pater tenebrarum who wrote (60462)9/3/1999 11:40:00 AM
From: RJL  Read Replies (1) of 86076
 
Agreed. So many people are grasping at any news they can twist into something positive to ramp everything up to give the illusion that all is well.

I couldn't stand hearing quotes this morning like "See, inflation doesn't exist", or "No way the Fed hikes rates ever again", "There, correction is out of the way...onto 12,000 by the end of the month".

One thing is for sure though...the high-end tech stocks are being bought in size regardless of good or bad news. Until buying flags down a bit or people start to realize that it's all insanely overpriced, we're going to continue to rally...Guaranteed.
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