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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: paulmcg0 who wrote (65968)10/3/1999 8:21:00 AM
From: NickSE  Read Replies (1) of 86076
 
No joke. I can't go to work without overhearing people talk about it on a daily basis or watch TV without seeing some professional sports player teach me the about PE ratios. The whole thing has gotten completely absurd and we shall soon be getting 24/7 trading! Like it's not bad enough already.

It's just a matter of time before it tumbles, you know it, I know it, anyone with an ounce of common sense knows it. All the signs are there and anyone who has studied the history of the markets knows it. It's just a matter of when.

This damned stock market mania is everywhere -- for example, I recently got back from doing some telecommunications work in Asia. I got stopped by a female U.S. Customs officer who started asking me about my trip, trying to see if I was a smuggler. When I told her what I had been doing, she started telling me how she was into telecom stocks!

Regards, Nick
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