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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (94565)12/2/2001 12:01:33 AM
From: SliderOnTheBlack  Read Replies (1) of 95453
 
HTP'rs... sound familiar ?

Here's a little deja vu all over again for you fella's...

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["This is where the technology revolution has led us to in investing.

Everybody knows price and the latest news, but nothing below the surface.

Ask questions about real earnings, macroeconomics, microeconomics, global economies, and monetary inflation policies, nobody knows or cares.

Where the price is at the moment and what is currently flashing on their screen is all they know.

Everything else is much too complicated. This lack of understanding of economics or investing is why so many people got burned when the market bubble burst.

Devoid of independent thinking, they don’t process what they read and hear. It is why they will get burned again.

They fall victim to trends and fads and have simply become followers. They are easy prey and like sheep are being led to the slaughter again.

History is repeating itself.

Today as I wrote this update, I listened to a financial network anchor's remarks on the viability of an economic stimulus package. According to this boobhead, it wasn’t necessary because the stock market already had signaled an economic recovery was ahead of us. His guest looked chagrinned with incredulity in his eyes."

Jim Puplava]

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