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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: yard_man who wrote (37125)4/28/1999 9:09:00 PM
From: Bonnie Bear  Read Replies (1) of 86076
 
I undoubtedly would have sold way too soon. And I suspect there are precious few who took the whole ride. If you look back at the NITE thread there was *no* interest or postings around last year's lows.
I was waiting for a 401K rollover at the time and learned it is perfectly legal for a pension fund to force you into selling at the bottom but not give your money to you until three months later.
There's something really weird about a trillion dollars worth of internet money showing up a few months after LTCM finds itself a trillion dollars in debt, don't you think? And the feds in denial that there could be overvaluation in the stock market? I wonder which important heads of state and government officials were nearly penniless as a result of that debacle. There are missing parts of this puzzle.
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