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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: KeepItSimple who wrote (16446)3/11/2000 11:10:00 PM
From: coug  Respond to of 42523
 
KIS,

<<The market is just the total of all the irrational, emotional, insane collective investing decisions of the public on any given day.>>

So I guess the Market is right at that particular instant.

Going further, I guess we all have the option to play or not. knowing the risks etc.... People entering either personally or thru funds, retirements, etc..mostly have a choice..to participate or not

Concerning fraudalent paper, like BreX, most should have been aware That type of thing exists in markets, and do not be blinded by greed by over doing it.. I guess at the height of the stock price of BreX, people were willing to pay that much for that paper A market in other words.. They didn't have to.. Just like now, they can pay X amount for any internet they want to. or 36.00/ share for CAT like I just did. I do both..

Concerning inflation, North Americans pay less percentage of their incomes for their life support than any developed country.. We are basically soft and spoiled.. but I'm not going to argue that now..

Good luck if you wish to play..... coug