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Strategies & Market Trends : Americans 4 "No Own - No Sell"

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To: Mark L. who wrote (96)10/1/2001 3:31:47 PM
From: Pete Mason  Read Replies (1) of 455
 
>> It appears that there is not a single example of such a thing. <<

Congrats, you've hit the nail on the head!

What we are witnessing here on this thread, and in other places, is just a good 'ole-fashioned witch hunt, which goes something like this:

"Hey, this is great! The Naz is at 5000, I'll bet it'll be at 10,000 by Christmas!! I'm gonna buy a lot more shares, because in the good 'ol USA, we are guaranteed a market where prices always go up!!!"

"Doh! What happened?? The stocks went down!!!! AHHHHH!!!"

"Whaddaya mean, stocks sometimes go down?!? The market was totally fairly valued at 5000, so don't give me that crap! Everything was all perfect, but now somehow it changed, I lost money, so someone's to blame!! It's someone's fault, and I'm gonna git him!! The market never would have dropped had someone not gone and dun sumthin' to it!!"

"Huh? There are actually some investments which *rise* when stocks *fall*? You mean not everyone lost their shirt the way I did by buying into an obvious bubble?? Hey, I'll bet doze guys are the ones that did this! It's the short-seller's fault!! Let's get them commies--uh, I mean, shorters!!!"

It's pathetic, but not without a certain amount of amusement value,

-- Pete
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