Hey Patrick, et al,
Did any of you ride the Broadcast.com (BCST) IPO? I was flyfishing but by the looks of the data, that was one wild open.
By the way Patrick, I am not so sure "helium" is the correct way to describe this market. The Zeppelin designers thought hydrogen to be a better gas, although the consequences were rather severe. I think this market is made of hydrogen now. When it blows, its going to take a lot of bystanders with it. I still remember how back in 1990, everyone was talking about how great the Japanese Stock market was, how it would never go down, etc. I hear these same comments about the DOW, and S & P 500. I keep telling people that this bubble is going to blow, and people give me the strangest looks. I guess the collective memory of the human race is rather poor...
-John
"Behold man, he cannot make even a worm, yet he creates Gods by the dozens..." |