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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?


To: Mad2 who wrote (2156)11/18/1999 6:51:00 PM
From: wanmore  Read Replies (1) | Respond to of 3543
 
< the objective is to pick stocks that will be valued to have a greater ability to generate earnings in the future than is recognized today. >
either that or just buy with reckless abandon assuming that you, as an American, have certain rights, one of which is a guaranteed 20% minimum return on any stock investments. Then as your wealth accumulates just get a newbie to buy your stocks...or better yet use them as assets to secure a loan. With that money you can buy more STUFF and keep this economy going just a little longer.

(all said with tounge in cheek)



To: Mad2 who wrote (2156)11/18/1999 7:51:00 PM
From: Crueldog  Respond to of 3543
 
Understood, but the market will have to catch up with valuations and the valuations will have to come to market. It will happen at some point.

Good Luck



To: Mad2 who wrote (2156)11/18/1999 8:27:00 PM
From: Crueldog  Read Replies (1) | Respond to of 3543
 
May be a better way to put it is someday stocks will stop trading on promises and start trading on profits.

If it happens in days, it would be a crash. If it happens in months, it would be crash. If it happens in years, it would be better to be in CD's.

Good Luck