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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: robnhood who wrote (75291)11/12/1999 9:20:00 PM
From: pater tenebrarum  Read Replies (3) of 86076
 
rrman (realrealman?)

the high was actually 395 1/2. i know, because i shorted it for the third time at 393 today. got stopped out twice on my earlier attempts.

this is indeed the eighth wonder. i recommend reading Fleck's rap tonight which comments quite nicely on the utter insanity we are witnessing.

has anybody stopped to consider that moves of 27 bucks in DCLK, 50 bucks in QCOM, and 8-9 bucks in staid issues like AXP, JPM and MWD look like something's out of whack here?

the greed and speculation running rampant in this market are truly one for the history books. we have left every other mania that came before in the dust, and i have a feeling that it's going to get even more extreme.

i have seen investment manias before, but i have never ever seen anything approaching what's going on nowadays. i have also studied the manias that took place before my time, and i can unequivocally state that what's happening in the NAZ has by far eclipsed every single one of them.

it's utterly UFB
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