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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (3090)5/1/2000 2:32:00 PM
From: Gofer  Read Replies (1) | Respond to of 3339
 
This was posted on another thread. I thought it was appropriate. (It reminds me of the old saying about people who forget the lessons of history being doomed...)

this was re-run today in the ny times

"One of the most striking features of the present chapter in stock market history is the failure of the trading community to take serious
alarm at portents which once threw Wall Street into a state of alarm. ... Traders ... now feel confident that they can ride out any storm
that may develop. But more particularly, the repeated demonstrations which the market has given of its ability to "come back" with
renewed strength after a sharp reaction has engendered a spirit of indifference to all the old-time warnings. As to whether this attitude
may not sometime itself become a danger signal, Wall Street is not agreed.
The New York Times, Sept. 1, 1929



To: The Ox who wrote (3090)5/2/2000 4:50:00 PM
From: Dale Baker  Read Replies (3) | Respond to of 3339
 
Check out the returns on the BEARX fund over the past few years and ask yourself if you want these folks managing your money.

They beat the same drum constantly in hopes of being right one day - while the rest of the market has gone against them for years.

But they must be right, according to.......them.


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