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To: HG who wrote (99003)4/5/2000 12:37:00 PM
From: Bearded One  Read Replies (1) | Respond to of 164684
 
Happy Girl, your claims are inconsistent.

If the market were a perfect or near perfect mechanism for valuing companies, then prices wouldn't change very much year to year. They would rise in a manner commensurate with inflation and interest rates.

After all, Happy Girl, if the market is so efficient, then what on earth is the person who's selling you your stocks thinking? "Gee, I'd like to give Happy Girl some free money?"



To: HG who wrote (99003)4/5/2000 10:08:00 PM
From: Bearded One  Respond to of 164684
 
Decent basing for 10 months?

Really. I suppose that if a mania lasts for more than 10 months, it will last forever, because it's created a "decent basing."


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