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To: Road Walker who wrote (103203)5/10/2000 12:55:00 AM
From: tejek  Read Replies (1) | Respond to of 186894
 
It's easy to blame Greenspan, Janet Reno, the Clinton administration and Barrons for this bear market. The truth is the markets are irrational on the upside and the downside, and you just hope the mean trend is your friend.

John,

Well said....now if it would only make the markets go up......

Who knew that last fall and this past winter were not the norm! ;~))

ted



To: Road Walker who wrote (103203)5/10/2000 8:19:00 AM
From: willcousa  Read Replies (2) | Respond to of 186894
 
Here's an idea to greatly improve the lot of the individual investor. How about realtime quotes for everyone. No more of this delay business. Talk about full disclosure. Price the cost into the system - if it isn't already anyhow.



To: Road Walker who wrote (103203)5/10/2000 4:04:00 PM
From: freeus  Respond to of 186894
 
It's interesting.
Every spring we have a tech correction (why didn't I get in cash for it?)
Yet every spring we look for a reason.
I, of course, am not happy about the DOinjustice action against MSFT and I'm against even HAVING a Federal Reserve that can raise rates.
That being said, the reason we have a tech collapse every spring is because we have a tech overexuberance every winter.(And we have the tech overexuberance because many of our favorite companies ARE wonderfully managed and DO have increased earnings and more increased earnings.)
I know I'm a bit of a simpleton sometimes and this seems too simple.
But it's what I think, so there you are.
Freeus



To: Road Walker who wrote (103203)5/10/2000 5:52:00 PM
From: Raymond Duray  Read Replies (1) | Respond to of 186894
 
Dear John,

Re: "and may begin using Barrons for wrapping fish."
What have you got against those poor fish, anyway? Can't we leave 'em in peace?

Personally, I sometimes use Alan Abelson as an example of a complete waste of intellect. ;)

I'm shocked, shocked to learn that the market is irrational.

Best Regards, R.G.D.

PS: Congrats on the kuhl newel citation and the well thought out, if chilly, post!



To: Road Walker who wrote (103203)5/11/2000 1:12:00 AM
From: Rob S.  Read Replies (1) | Respond to of 186894
 
Let's all blame "someone else".

How convenient. There is always someone else to blame for our mistakes. Yes, Wall street is the World's Largest Industry that makes almost nothing except advice and does nothing other than transfer your money around taking a piece of it at each step along the way. We all know that.

You and others bought into the money game. While brokerage pimp analysts were rating stocks Strong buys and updating price targets, rabid investors criticized them for being too conservative. Higher, higher, the sky's the limit. Valuations are passe in the new age economy. Yea right.

Don't blame Greenspan. Greenspan is doing the only rational thing he can - fight hyper bubble craziness and divergence between love feast valuations and everything else. To do otherwise would be a neglect of his job and intellect. To watch while idiot valuations starved legitimate utilization of capital would have gone down as a historical neglect.

Yes, let's blame everything and everyone else except ourselves. Investing is war - other people are more than willing to exchange dreams for your money. Have you bought the Brooklyn Bridge lately?

I'm you just bought someone a new car or villa. Hope you learned something in the process.