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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 695.59+0.4%4:00 PM EST
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To: KeepItSimple who wrote (32160)11/3/1999 11:08:00 PM
From: Dwight E. Karlsen  Read Replies (1) of 99985
 
Kis, our society isn't "about to collapse", just a lot of suckers are about to lose money.

Remember the New Era Philanthropy scandal? Literally hundreds of churches and private colleges got taken for 10s and 100s of thousands in losses. Of course in that case, New Era Philanthropy was posing as a legitimate trust, with mysterious unnamed "benefactors" providing the returns on "investments". Of course it was a simple Ponzi scheme, as investigators eventually determined.
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