Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (48596)	9/24/2000 6:24:13 PM
From: Stcgg	Read Replies (2) of 94695

Thanks Bill for the Info - A mania is not measured by underlying fundamentals of what gamblers are betting on, but the greater fool theory.. As long as money keeps coming into the market, there will be a buyer at a higher price (as long as you hold the winning horse).. The fact that they're betting on shares of stock is irrelevant, it could just as easily be a horse race.. What surprises me is the market still considers earnings as relevant to the game at all anymore.. >><<

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