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To: MythMan who wrote (12915)2/25/2000 12:09:00 PM
From: IceShark  Respond to of 42523
 
I'm not sure how much profit is really being booked in the stock market by J6P, unless it is all in exempt accounts. None of these clowns knows what a 1040-es is, so I don't get it, unless:

People must be feeling rich from market gains and spending all their takehome and drawing on credit lines. A melt may cause us bigger problems than even we think. This fits with why BubbleBoy is attributing the wealth effect to rising real estate values (larger home equity lines being taken out) rather than the stock market. What a shagging moron.