Like I said, Stock Operator, you along with all other shorts/bashers/pessimists/"the world is coming to an end soon" campers, will sing for the next 6-8 weeks, just like how you all did back in the summer of 1998, (and prior to that in October of 1987, Winter of 1990 and, Summer of 1992, and Summer of 1994). Then disappear as things end up being not so negative as you all portray.
And believe me THINGS are not that bad as you are trying so hard to believe and make others believe. And I guess if you dont believe me now, just mark this post and come back to it during the first week of April 2001 (that is of course you care to post on this thread again)!
This is business as ususal. Markets go up. They come down. And then they go higher. I am an optimist by nature, and I do believe in world moving forward for the better whether it is economically, politically, or socially.
When Nasdaq went from 300 to 800, people like yourself were screaming this is crazy and there has never been precedence for the move, and historically things did not make sense, etc. etc. etc. One thing you all forget is that history is made by the events that take place now or in the future. Dont look too much at the past, but to the future. And if you dont believe me just find out where Mike Metz (the Chief analysts at Oppenheimer) is these days! I believe he lost his job last year for over singing the doom-and-gloom song for so many years (since 1994) and cost the firm so much in opportunity cost (if not real money)!
Anyway lets talk in early April 2001 again!
Best Regards, |
