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To: Greg Jung who wrote (67639)10/9/1999 1:17:00 PM
From: re3  Respond to of 86076
 
yeah, Greg, i see your side of it...but remember, zillions of folks watch wallstreetweek and hear the bullish side of things...it don't take much to convince them ,that among other things, oil is down and thats one more reason to load up on equities...

i think the avg. broker looks for sound bites like that when a person phones all jittery about the mkt (and about to withdraw those lucrative mutual fund mer's from him)...why sell now ? nov to april is a great time for the mkt, xmas is coming, buy amazon, don't worry about y2k greenspan said it would be ok...

the customer gets blitzed with this amateurish analysis and goes back to work, a bit puzzled, but holding his beloved mutual funds nonetheless...and the broker gets to continue his lavish lifestyle...

enjoy

ike