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Non-Tech : Invest / LTD

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To: Broken_Clock who wrote (14155)12/20/2000 3:34:54 PM
From: SJS  Read Replies (1) of 14427
 
Was talking to a money manager the other day. We were discussing what happened to create this bubble.

He said that we clearly had too much money in the hands of individual investors, which carelessly threw it at the market thinking it was a casino.

I said, "Sorta like giving the Indians a wagon full of firewater?". He laughed, and said, "I've got to remember that one. Yes, Just like that."

Welcome to the hangover.

I hear that shots of firewater are good for a what ails us.......LOL

Steve

PS: I hear that street vendors on Wall and Front St. in NY are selling T-shirts which say, "I didn't survive the 2000 Crash, so I'm fixing to sell T-shirts on Wall St.".
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