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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Stock Farmer who wrote (9995)9/22/2001 1:35:44 AM
From: elmatador  Read Replies (4) of 74559
 
John, US people are pragmatic. They have fervour but it doesn't last very long and pretty soon they re-assert themselves and go back about their business.
Just wait until the bills start coming. The inconvenience starts to get on the way of business and then things go back to normal.

Give you examples:
1) 1960's revolution in civil rights, lots of flower power hippies, drugs, guitar playing heroes and all that. The generation just grew up to be like some 45 years old in this Thread. Hey, they are not hippies, man!

2) Vietnam War ended and the Watergate scandal made Americans think about their institutions. Get Jimmy Carter, wait four years for everything go back to normal and then after that was business as usual.

3) Who remember the Teheran hostages? The helicopter that crashed against the B52 and the fiasco of trying to rescue the hostages? No one.

4) Who remembers the Gulf War? It was fought Saddam went back to Iraq and is still there.
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