Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Bill Jackson who wrote (105846)	4/15/2000 9:58:00 AM
From: Jim McMannis	Read Replies (1) of 1574005

Bill, RE:"All that money vaporising! Some was fake bubble money, but a lot was earned money and many of those people will turn away after this crash, and will have to work to pay debts back. That means there will be fewer dumbass day traders and less money in circulation and this means a more or less flat market for a while until the lessons learned are forgotten." As far as the NASDAQ is concerned, I'm afraid you are correct. Any more down and the froth will have been skimmed off.. I figure the day traders, who played momentum by buying any dips, are history...so are their new cars, boats and houses... Jim

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