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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (59055)1/18/2001 1:52:49 AM
From: Spekulatius  Read Replies (1) of 436258
 
The rising NASDAQ continues to amaze me-
Business projections are coming down basically every day, but still people things that stocks will hold due to interest cuts. The same is true for real estate. Its kind of amazing but it basically means that the sentiment has not changed since spring, namely that stocks are pokemon cards that just will become more valuable, somehow (except for a few bad ones).
The average J6P has no clue about valuation, economy, inflation etc., its almost like cattle in the slaughterhouse...
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