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To: Giordano Bruno who wrote (58675)8/25/1999 6:58:00 PM
From: KeepItSimple  Read Replies (3) | Respond to of 86076
 
Don't you guys get it yet? The market will continue to rise until it DESTROYS the US economy. Just like Japan.

We may only have a month left of blowoff, or we may have 5 years. Greenspan has PROVEN that he intends to keep the bubble alive, at all costs. With 29% of american wealth held in the stock market, the market has officially become TOO BIG TO FAIL.

There is NO RISK in stocks, up until the point everything collapses.

If you are short common or with puts, you are insane. There is simply no news that will pull these stocks down.

You think the internuts had a head and shoulders pattern? WRONG. The first spike and decline of the last few months was merely the left shoulder of a head and shoulders pattern. The head has yet to even begin forming!

I seriously would not doubt the possibility of the dow doubling in the next 6 months, and I can guarantee the nasdaq will double in the next 6 months. The mania has infiltrated every aspect of american lives. You can't go into a bar without hearing talk of internet stocks, and every airport TV is tuned to CNBC. Every american is borrowing and investing in the market. There is simply no way to stop the will of americans.

Fundamentals have no bearing on this market. You must understand that this is the biggest financial insanity in the history of earth. It will rise to UNIMAGINABLE levels before it collapses. Don't be an idiot by being short.