SI
SI
discoversearch

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.
Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (57533)8/20/1999 11:54:00 AM
From: pater tenebrarum  Respond to of 86076
 
Vi, you got that right...in fact i believe they get nervous whenever they see a little bit of red on their screens, they just don't *want* to have to deal with a bursting of the bubble.
Al otoh has warned several times already that stock market valuations "may be unsustainable". that way he can always say 'told you so' when the inevitable finally happens.
but one thing is clear: every effort will be made by all involved to keep the bubble alive as long as is possible. as P. Volcker has said, 'the fate of the global economy depends on the U.S. stock market, which in turn depends on 50 stocks, half of which have no earnings'.
and the fools keep on dancing on the edge of the precipice...