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Politics : Formerly About Applied Materials
AMAT 261.81+0.4%3:59 PM EST
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To: Dr. Bob who wrote (22312)7/31/1998 12:14:00 PM
From: Teri Skogerboe  Read Replies (1) of 70976
 
Bob,

Re: "They don't understand bonds, mutuals underperform the market, so they're buying stocks more and more - and as opposed to the 'shoeshine
boy' days, many of them actually know what a good investment is."

I disagree (not flaming though). Most individual investors are clueless as to what makes a good investment. And in my view, this has been a "momentum market" more or less, for the last 6 months. Last I checked, "momentum investing" is not related to "what a good investment is".

JMO, Teri
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