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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Zoltan! who wrote (45857)1/3/2001 12:58:18 PM
From: Stock Farmer  Read Replies (1) | Respond to of 77400
 
Zoltan: Chambers, Welch & Bush meeting to stop the "Great Clinton/Gore Bear Market"?

You mean the one which followed right after the Great Clinton/Gore Bull Market?

You're a funny guy.

In the same spirit: perhaps W will direct Chambers & Welch to pool all of their industrial clout and invest in a few startups charged with inventing a time machine.

Then when it's done (however long it takes), they can come back to around 1991 and make sure each person on the planet doesn't get all wet over the prospect of earning unheard-of gains in the market over a 10 year period of "prosperity". They can take as long as they want doing this too.

Then (when this will have recurred) we won't have to spend the next six months (counting then, from now forward) watching the false gains disappear back to wherever they came from in the first place.

Sadly however, I suspect this will fail. Or at the very least, whoever succeeds will dial back and try to make themselves filthy rich...

Regardless, we find ourselves face to face with the reality we've spent 10 years glossing over in the euphoria of a long running bull market. Heck, I enjoyed participating. Wow, what a party. I hope this hangover thing ends quickly so we can have another one soon.

But meanwhile, the promises of false prophets evaporate. The sad thing is that they will also take a substantial amount of very real dollars with them. You know, those dollars that somewhere along the way were transformed into fancy cars and real-estate and other toys of those who inhabit the market.

John