Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: clochard who wrote (4295)	6/24/1999 1:36:00 PM
From: clochard	Read Replies (1) \| Respond to of 5676

A popular term used around here is J6P or Joe-six-pack, referring to a set of supposidly lower class people who are gobbling up stocks. If it were so simple. I have talked to many intelligent, professional people who are the real suckers. J6P is a myth, the real gobblers are well paid working people with spare money to burn, not the six-pack consumers. These people are our brothers, sisters-in-laws, and barbeque party neighbors. They universally roll their eyes and guffaw when I tell them about market overvaluation. They haven't the vaguest idea of the black hole opening up before them.