Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mad2 who wrote (2298)	12/27/1999 3:53:00 AM
From: Dale Baker	Read Replies (2) \| Respond to of 3543

When you look at the overall market, Mad2, losers out numbered winners by a large margin. Yet thousands of ignorant, naive bubbleheads made money, often much more money than the accumulated wise heads on Wall Street. If you're not into stockpicking, then buy a few index funds and catch a few games on cable instead. But I disagree with the thesis that all traders must inevitably be beaten down to the 12% per annum average that the Street tries to dictate. The permabears there are pissed off because they lost control of the game the past few years. That's why they can't come out with a coherent message about where the markets went wrong. Dazed and confused, seems to me. That reminds me of an old Robin Williams joke about the UN: it's a traffic cop on Valium standing in the middle of the road saying,"Stooooppppp.....stoooooopppppp........."