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Pastimes : Ask Mohan about the Market

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To: Mike M2 who wrote (14224)2/17/1998 2:00:00 PM
From: MythMan  Read Replies (1) of 18056
 
Mike, I agree with that stuff. My problem is with you blaming it

on boomers or that boomers haven't faced market adversity etc etc etc. those statements are not fact based. They are emotional outbursts on your part <g> I've seen the same kind of mania in housing prices. I don't think many of new investors (nor old) have a clue about relationship between earnings and stock values. they see things going up so they jump in. Just like real estate on both coasts in the past. Lets get real for a minute, who is going to take over GE for $258Bill market cap? Its bizarre <g>.

Pete
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