The Justa & Lars Honors Bob Brinker Investment Club Message Board

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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Wally Mastroly who wrote (4836)	4/29/1999 12:05:00 AM
From: Cents	Read Replies (1) of 15132

Wally, RE: <<Cohen described the broadening of stock ownership in the United States as a reflection of healthy consumer confidence and said it was a good thing.>> What?? I thought people were buying stocks only because they were going up! Does anyone care anymore what they're buying? What "consumer confidence"? The unemployed and students are now into trading stocks....I wouldn't call that stock ownership. They certainly have no jobs (or even care to find another one) to support any spending habits. I'm starting to think that it's become too much of "a good thing". I don't know about everyone else, but I'm pretty nervous about this market. Cents

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