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

To: accountclosed who wrote (75754)	11/16/1999 6:26:00 PM
From: MythMan	Read Replies (1) \| Respond to of 86076

up your nose with a rubber hose -g- how bout them iggles!!

To: accountclosed who wrote (75754)	11/16/1999 6:27:00 PM
From: KeepItSimple	Read Replies (1) \| Respond to of 86076

>we crash tomorrow You still don't get it, do you? this market has achieved critical mass. There is by definition NO WAY TO STOP IT. Every taxi driver, every burger flipper, every mom, grandma, and widower are playing the market now. Tens of millions of 401ks automatically pump more money into the market, no matter what. The fed talkes tough with rate cuts yet continues to run the money printing presses at full speed- knowing full well that money is going DIRECTLY into the stock market within 24 hours. All of this will fail one day, but it can be like social security. Everyone knows social security is a pyramid scheme, everyone knows it is dependent on more people paying in than taking out. Yet because everyone has SS witholdings taken out of their paycheck every month (remind you of 401k, hmm) the system will still keep going for another 30 YEARS before it collapses. This market can continue soaring along like this for decades, as long as the majority of our population wants it to. By the time the market finally stops going up, we'll all be dead or retired. The stock market is more important to our country's well being than oil, food, or breathable air. Our government will expend any resources necessary in order to keep the bubble alive, just as they've thrown the US into massive debt in order to keep social security and medicare and medicaid running along. Give it up. Shorting makes absolutely no sense anymore. This is the new era. Stocks will only go up because there is ALWAYS another investor stepping up to the plate. The music may stop in 30 years, but you'll fall so far behind the rest of investing america that your relative wealth will put you in the poorhouse unless you join in the mania. The big kahuna is a myth. Buy some calls, you idiots.