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Non-Tech : TD Waterhouse Group (TWE)
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To: Proton who wrote (1183)4/14/2000 12:04:00 PM
From: OldAIMGuy  Read Replies (1) of 1413
 
Hi P,
"It appears that the recent incompetence and arrogance of online brokers was one sign of an impending market top."

Yes, the same could be said of many incompetent and arrogant on-line investors.

Margin debt as a percent of GDP had blown off the top of any chart that ever existed. People were thinking with their irrational protuberance!!!

Best regards, Tom
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