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To: d:oug who wrote (60965)11/14/2000 6:14:12 AM
From: d:oug  Read Replies (1) | Respond to of 116759
 
A New Gloom & Doom Thread to Warm the Hearts of Gold Bugs

Yes, Gata Nut News is overjoyed to learn that folks
who do not have GBS (Gold Bug Syndrome) are starting
to display the talk and walk of those who know that
the world is inherently Good and free of corruption
and evil manipulation, and if it is not so, then one
must speak up and proclaim that lies and hurt along
with pain and hunger are creations counter to Life
and should not continue.

If misery is created for 50% of world's population,
through the activity of 1% of world's population,
and if these people living under the suffocating
heavy hand of that 1% to deny them suffrage to determine
which rule of law and freedom to express themselves with
education and employment, then what say those remaining
49% that allow that 1% to do what they do?

Money & Power
can do good
can do evil
can let people escape that created by evil
but its not a complete escape
only one of distance
using one's senses
like out of sight and sound
to create a distance as in a barrier
to block, to ignore, to rationalize
to fog one's own awareness
to cry to those "unable"
to tell them "to do"
while ignoring that they are prevented
by that 1%
they have keep at a distance
of sight and sound
so that they do not know what they have hidden
but they know what to hide from self
so they keep it at a distance
and keep pushing it away
further and further
until all they know
is that they do not know
except to know
that they know something
that they do not know
for they know
and they strongly know
that they know enough
about what they do not know
that to know what they do not know
will cause them to know
what they do not want to know
has already been knowned by them,
it has proclaimed them "guilty"
and so
there they go
to a place
where anything can go
anything goes
they ask you to define "Truth"
they say Manipulation is Life
they say Life is Manipulation
they call you mindless, yet talk to you
they say you are mindless, yet they are afraid of you
they say what they have become
they know what they wish not to know
that they wish not to know that they wish not to know
they then say and act and display as if they know
they tell you that you do not know
but we know
A is A
and they use Plato
to help them not know what they know.

interactive.wsj.com

In Internet Chat Rooms, Mood Becomes Gloomy

By AARON ELSTEIN
WSJ.COM

Two weeks ago, an anonymous investor posted a new topic
for discussion on the Internet:

SI: StockTalk: Market Trends and Strategies
The Coming Financial Collapse of 2001

Monday, it was the most popular stock topic
on the Web site Silicon Investor,
with more than 600 responses so far.

Not far behind is...

... earlier this year, when chat rooms celebrated
the frequent new highs...

... where's the bottom?" The person who started it
made clear that this discussion is for investors
who "don't deny that we are in a bear market."

Not long ago,... the chatter in the chat rooms
was positively euphoric. But now, with the Nasdaq
breaking through 3000 in the opposite direction,
the mood has turned decidedly gloomy.

Many individual investors are battered and scared
as the once unstoppable Nasdaq composite has dropped 41%
from its high in March. Thus, the change in tone
on Silicon Investor and other Internet message boards,
which for years were places where naysayers
were only grudgingly tolerated and certainly outnumbered.

"I'm beyond disgusted" with the market, confesses...
... for good reason: He says his portfolio has plummeted
from a high of $700,000 at the end of February
to about $70,000 today...

"Anyone who thinks we are NOT in a bear market for the past
six months had better have rich parents,"...

... sidelines since the summer... waiting for the Nasdaq
to drop to 2500. That would mean a 50% drop from its peak...

"I know we have a bear on our hands,"
"When I look at the macros, they look terrible.
Euro sinking,
oil high,
no president,
Middle East trauma,
Fed overdoing it with rate hikes,
corporate profits slowing,
corporate credit crunch,
liquidity drying up,
and markets tanking to ridiculously low levels...
You don't have to tell me we are in a bear market."

... his portfolio is up 5% for the year, he says.
"I still love the market...

Ruth Simon contributed to this article.

Write to Aaron Elstein at aaron.elstein@wsj.com

KJC