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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: dclapp who wrote (79619)12/15/1999 12:58:00 AM
From: Dwight E. Karlsen  Read Replies (1) of 86076
 
He makes a lot of sense to me. Except the part where he says the "dreaded bubble that everyone has been worrying about.."

I haven't noticed much dread or worry in the last month and a half. I have noticed a lot of euphoric "pass the hot potato" gamemanship in stock buying, and ludricrous price target increases by analysts, but no worry.

And that's the real worry, IMO: That very few people are worried about the Nasdaq bubble. That is how it's gotten so big, because instead of worrying about it, "investors" are instead celebrating it.
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