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

To: MythMan who wrote (76279)	11/19/1999 8:01:00 AM
From: Terry Whitman	Read Replies (1) \| Respond to of 86076

I think you nailed it. J6P has no idea that money creation is spiraling out of control. He just knows that stocks always go up, and he will be rescued if they go down. Check this out- even Crudele is suggesting to buy: >> Toward the end of any year, the people who invest large sums of money for others have a habit of goosing the stock market higher. They call it "window dressing." This is supposed to make portfolio managers' performances look better to customers. That manipulation may happen in spades this year (so you might want to load up on stocks) because it also happens to be the end of the decade and the conclusion of the millenium. (Who wouldn't want to be known as the best money manager of the last thousand years?) >> nypostonline.com NFW I buy into this speculative orgy. Except for a daytrade maybe. <g> What's today's hot tip?

To: MythMan who wrote (76279)	11/19/1999 8:14:00 AM
From: Oblomov	Read Replies (1) \| Respond to of 86076

MM, Very few people have the intellectual curiosity to consider ideas that do not affect them personally. Most investors see stable prices in the consumer goods they buy - when combined with low reported CPI, the perception is of continued disinflation. People feel prosperous, and so they do not notice the massive dislocations in our economy. Capital is being diverted to technology stocks, rather than real technology investment. Wealth inequality is nearing the levels of the 1890s... if the monied class does not get their comeuppance in the form of a severe bear market, it will unfortunately come in the form of a new Progressive Era... IMHO

To: MythMan who wrote (76279)	11/19/1999 8:14:00 AM
From: Terry Whitman	Read Replies (1) \| Respond to of 86076

Wonder how long this moron is going to stay in business? afund.com He's been calling for a major decline for the last month. Anybody following his advice is probably wiped by now.

To: MythMan who wrote (76279)	11/19/1999 9:07:00 AM
From: Lucretius	Read Replies (1) \| Respond to of 86076

picking up some calls this morning?