Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Box-By-The-Riviera™ who wrote (46844)	12/12/2000 8:27:28 PM
From: pater tenebrarum	Read Replies (2) of 436258

when i saw these dudes for the first time on TV, i thought that's it...final proof that the mania has spiked firmly into insanity territory...it has long ago become (and still is) an entertainment circus of sorts, a backdrop that was/is perfect for the pokemon card mentality of stock trading. (note, i'm not complaining as it's great from a trader's PoV...but it should scare investors. oddly it doesn't. yet. it's interesting that cumulative trading volume remains extremely high...you can certainly not say that interest in the market has waned much in light of its travails. and some stocks still move down 50% in one week and up 100% the next...it's amazing. and there's still a single stock (GE) with a 523 billion market cap...why don't they go and buy Turkey in an all-stock deal and save it from bankruptcy... oh yes, and we read the headline that Merrill has found fund managers to be 'pessimistic', only to reveal two paragraphs into their report that they aren't after all. fully committed would describe it better...

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