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Politics : Ask Michael Burke
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To: Mary Cluney who wrote (48025)2/20/1999 8:38:00 AM
From: wlheatmoon  Read Replies (1) of 132070
 
Mary,
You forget that most of us are not permabears. We try to think about value and reasonable fundamentals. We're bullish when we think it's the right thing to do and we try to avoid manic moves up and down. So some of us miss AMZN and YHOO, does that make us stupid? Go ask some of the folks on AMZN and YHOO who bought last month or 2 months ago. Hell, go read the DELL thread and see the stupidity that exudes on the thread. It's totally unbelievable that some of these people have the right to invest. They might as well throw their money away. I used to think there weren't much use for investment advisors. WRONG!!! Many of us can certainly use some help.

Sitting on a pile of cash can't be the worst thing in the world. Somehow, society above the "middle" middle class have come to assume that being in the market and making 15-25% annually is a constitutional right.

I work in a downtrodden part of America. Every day, I see people happy to have a warm cup of coffee and something to eat in a warm place. That's all they care about. They don't care if DOW is 10k or 1k. Hell, they think DOW is DOW chemical. DELL, hell, they never heard of DELL. They have their money in the bank and are happier than pig in shit to retire in a comfortable environment without much of the excesses in life that we've come to regard as "necessary".

So, Dead Money? What the hell is that? You are the moron who think that to be a bull is the only way to be correct and to make serious money and somehow that equates with being happy and successful. WRONG.

Of course, just my stupid opinion.

mike
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