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To: Stiltskin who wrote (5172)7/22/2000 7:42:23 AM
From: re3  Respond to of 436258
 
<<<( who won't really want the money back for an average of 15 years from now when they retire )

the money may not be there when they retire...

<<< and the greatest eveloution in the way humans live, work and play in our entire history just really got started a few years back with the internet

i think the highway and air conditioning among other things rank higher than the net



To: Stiltskin who wrote (5172)7/22/2000 9:01:48 AM
From: AllansAlias  Read Replies (1) | Respond to of 436258
 
Rumpel,

This is the sort of illusory fundamentals that they trot-out when the market isn't going up, which is not very often, and doubt/fear is creeping into the clown mind.

1) There are more people with more disposable income.
2) The net is the greatest revolution in the history of man.

Bullocks. No offence intended toward you, but these are two of the conerstones of clown theology.

Cheers --Allan



To: Stiltskin who wrote (5172)7/24/2000 10:09:33 AM
From: pater tenebrarum  Respond to of 436258
 
no-one expected that Japanese savers would want their money back in '89 either.

re. demographics, there are several contrarian viewpoints...will post a few links later.

as for the importance of the internet, i don't think it's a more profound invention than the car, the telephone, mass production, the airplane and radio, all of which drove the 1920's mania.

all that cross-currents does is anyway present how skewed the relation of stock market activity is vs. real economic activity. there can be no doubt that if $3,85 in stocks are traded for every dollar of GDP that something's out of whack...



To: Stiltskin who wrote (5172)7/24/2000 9:21:47 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
i promised you something regarding contrarian views of the demographics as they relate to stocks...here's one report put out by Prechter that's pretty interesting:

elliottwave.com

there is of course more...i'll post more info on this in the next few days...