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To: RJL who wrote (83045)1/11/2000 5:02:00 AM
From: KeepItSimple  Read Replies (2) | Respond to of 86076
 
>the spoolice comes in at about 7:10 AM or so and we start the day positive
>again.

Actually, let me be the first to say that the Nasdaq has topped out, at least for the next 5 years. Starting tomorrow.

Hope you guys didnt go broke before lining up puts for the BK. 'Cause it is here. The feds printing frenzy caused it all. Well, that, and unprecendented access to the capital markets by vast segments of the population who have no idea what they were doing. It's something capitalism has never seen before.

The founding fathers set up an electoral college system for a reason- they didn't trust the masses of stupid people to make rational decisions when acting as a mob.

Someone should have made a similar failsafe structure for the equities markets.

After this economic violence is over, you can bet they will. Beginning with teaching schoolchildren the evils of speculation.

Wouldn't be surprised to see a labor/socialist party elected, either.



To: RJL who wrote (83045)1/11/2000 2:51:00 PM
From: John Pitera  Read Replies (1) | Respond to of 86076
 
Richard, and what about bonds now at 6.67 ...ho ho ho