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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who wrote (2719)4/1/2001 12:59:17 AM
From: kirby49  Read Replies (1) of 74559
 
Mike:

I agree with what you are saying and my answer for the long side is gold. However with reference to this

Most people still don't realize what a bubble it all was and are buying or holding now in desperate hope as their accounts sink into oblivion. Or worse they buy from CEO's like Larry Ellison while they sale. Some suckers were buying HIS stock when he was dumping nonstop trying to abandon ship. The greatest transfer of wealth in history - from the individual investor to the CEO's and Wall Street chieftains.

I judiciously use stops so don't get too suckered too often any more but think a good rule we should think about is to follow the money!. Where has lounge lizard larry and all his fellow crony and like linked individuals such as all the execs and directors of all the dot.coms put their money. Anyone have any answers out on the thread?

Regards

Bob
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